Tagged IPG

Elliott Assoc Files 13D on Interpublic Group

(Market Cap $8.4B; Elliott owns 6.7%) Purpose of Transaction.   The Reporting Persons purchased the securities of the Issuer reported herein based on their belief that such securities are undervalued and represent an attractive investment opportunity.     The Reporting Persons seek to engage in a constructive dialogue with the Issuer’s Board of Directors regarding steps…

Interpublic Group Announces $300 mm Buyback

Market Cap = $5.7 Billion NEW YORK–(BUSINESS WIRE)– Interpublic (NYSE:IPG – News) today announced that on February 24, 2011, the company’s Board of Directors initiated a quarterly dividend on IPG common stock and declared a common stock cash dividend of $0.06 per share, payable on March 25, 2011 to holders of record at the close…