Tag: BIZ
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Omnicom’s Acquisition of Interpublic: A Strategic Response to Tech Dominance in Advertising
Omnicom is set to acquire Interpublic in an all-stock deal, creating the largest advertising agency globally with projected annual revenues of over $25 billion. This merger highlights the pressure traditional ad agencies face from tech giants gaining significant shares of digital advertising revenues. As more brands opt for in-house operations and technology-driven advertising solutions, the…