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Mergers & Acquisitions

Published on .

The board of Minneapolis agency Colle & McVoy announced it has unanimously agreed to recommend the approval of a merger agreement with MDC Communications Corp., Toronto. MDC would pay $19 million for an 80% interest in Colle & McVoy.

Integer Group, a Denver-based holding company for retail ad agencies, completed its acquisition of Karsh & Hagan. Karsh & Hagan will continue to operate separately under President Pasquale "Pocky" Marranzino.

Copyright March 1999, Crain Communications Inc.

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