April 10, 1997 in Nation/World

Purchase Creates Giant Pr Operation

From Staff And Wire Reports
 

Omnicom Group Inc. of New York announced Wednesday it is buying Fleishman-Hillard Inc. to create the world’s largest public relations firm.

Plans call for Omnicom, one of the world’s largest communications companies, to form a new group based in St. Louis. It will include Fleishman-Hillard and Porter Novelli International, one of the two public relations firms Omnicom currently owns.

The combination would create the world’s largest public relations operation with combined annual sales of about $300 million.

Get stories like this in a free daily email


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus