Lowe Group buys majority stake in Mullen

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New York -- Interpublic's Lowe Group announced Wednesday that it has purchased a majority equity interest position in Mullen, Wenham, Mass. Mullen will continue as a stand-alone agency under its existing name and management. Jim Mullen, founder of Mullen, is to join the Lowe Group as vice-chairman. Mullen clients include, General Motors and Nextel.
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