Omnicom, True North talks continue

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Merger talks between Omnicom Group and True North Communications, Chicago, remain open, although there was apparently no progress the week of Sept. 18. At press time, an executive close to True North said discussions are ongoing. But another industry executive said the possibility of a deal will fade if an agreement isn't reached before Oct. 6, when agencies owned by the companies will pitch for the consolidated DaimlerChrysler assignment.

Copyright September 2000, Crain Communications Inc.

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