Outrider takes minority stake in Kokopelli New Media

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Outrider, holding company of U.K. agency Tempus Group PLC, has acquired a 25% stake in Kokopelli New Media, New York. Terms were not disclosed. The investment comes on the heels of Tempus' taking a 20% stake in Portland, Ore.-based Multimedia Marketing Group. Kokopelli clients include Merck & Co., W.W. Grainger, VH1 and others.

Copyright January 1999, Crain Communications Inc.

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