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Coldwell Banker Residential Affiliates to Sawtooth Group, Woodbridge, N.J., for its estimated $15 million account. Previous agency is Grey Advertising, Los Angeles.

Popeye's Chicken & Biscuits to Hill Holliday/Altschiller, New York, for its $11 million account. Previous agency is Glennon Co., St. Louis.

Nestle's $17 million Butterfinger candy account to J. Walter Thompson USA, San Francisco. Previous agency Jordan, McGrath, Case & Taylor, New York, will close its Glendale, Calif., office, which serviced the account.

Leap Group successfully completed an initial public offering last week, issuing 4 million shares at a price of $10 per share. Separately, Frankel & Co. announced it is considering an initial public offering for sometime next year.

McCann-Erickson Worldwide, New York, has dropped out of the $85 million Subway Sandwiches & Salads review.

Emanuel Ungaro to Kirshenbaum Bond & Partners, New York, for its estimated $12 million ad account, previously in-house. This year, the fashion marketer will spend about $3 million in advertising.

Dawn Sibley to president, local broadcast division, Western International Media, Los Angeles, from president, Western's Media Partnership Corp. She succeeds Elaine Kaplan, who left the company. Copyright January 1996 Crain Communications Inc.

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