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(Aug. 21, 2001) -- Fidelity Investments will divide the work previously done by Interpublic Group of Cos.' Hill, Holliday, Connors, Cosmopulos, Boston, among its other roster agencies: Havas Advertising's Arnold Worldwide, Boston, Interpublic's Gotham, New York, and its in-house shop, Fidelity Advertising Agency.

Arnold, which had done project work for the company, will assume responsibility for the mutual fund and retirement business, while Gotham will assume additional billings for Fidelity's online brokerage, PowerStreet.

The account is estimated at $150 million.

A Fidelity spokeswoman said the transition -- done without a review -- will continue until the first or second week of September. Fidelity split with Hill Holliday in June due to conflicts with the shop's FleetBoston Financial account. -- Mercedes Cardona

Copyright August 2001, Crain Communications Inc.

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