Profile of the Week

Published on .

True North Communications' stock came under pressure last week after persistent rumors it was preparing to bid for the U.K.'s Cordiant Communications Group as well as rumblings that True North itself was on the auction block. True North has declined to comment on speculation, but Cordiant CEO Michael Bungey said no deal is in the making. True North stock closed at $48.00, down 8.8% for the week.
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