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Published on .

True North Communications Chairman-CEO David Bell pleased analysts by saying the holding company is abandoning its search for a third agency network. Mr. Bell, who assumed the CEO post in March from Bruce Mason, didn't rule out smaller purchases. He said his main strategy is to build volume among existing businesses, and particularly at TN's Foote, Cone & Belding and Bozell Worldwide networks, which account for 75% of True North revenue. In trading Friday, TN
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