Agencies

What Elliott Management's Board Shakeup Means for IPG

February 09, 2015 11:15 AM

The board of directors at agency holding companies don't typically make much noise, but that may no longer be the case at Interpublic Group of Cos., which reached a settlement with activist investor and shareholder Elliott Management. The outcome was three new board members. To make room, two existing board members were replaced, increasing the total number of directors to 10 from nine.

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