True North still in talks with BJK&E

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True North Communications was continuing its talks last week about an acquisition deal with Bozell, Jacobs, Kenyon & Eckhardt, said an executive familiar with the discussions, who added that "no deal is imminent." Rumblings last week also persisted that a third agency such as Bates Worldwide might be part of the deal and separately that Omnicom Group is talking to Bozell as well. Neither Bates nor Omnicom executives could be reached for comment.

Copyright May 1997, Crain Communications Inc.

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