WPP-Y&R talks break down; Publicis discussions continue

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Talks for WPP to acquire Young & Rubicam broke down bitterly this past weekend. Y&R intensified its discussions with a rival bidder, Publicis, as a result. But those talks could be clouded by a warning signal from Ford Motor Co., Y&R's largest client, which is concerned about a conflict with Publicis client Renault.

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Copyright May 2000, Crain Communications Inc.

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