EPB buys Pagano, Schenck & Kay

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New York--EPB Communications has acquired Pagano Schenck & Kay, a Boston-based advertising agency with $30 million in billings. Terms of the deal were not disclosed. Pagano, Schenck & Kay will retain its name and current headquarters and its 27 employees will remain with the firm, including Woody Kay, chairman and executive creative officer, and Beau Fraser, president. EPB Communications, which includes Earle Palmer Brown offices in New York, Philadelphia, Stamford, Conn., and Washington, has been on a buying spree of late, including the recent acquisition of Ketchum Advertising, Pittsburgh, which will change its name to Egan/St. James, an Earle Palmer Brown company, on Sept. 1.
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