Omnicom and Publicis call off $35B merger

Posted May 8, 2014 7:49 pm.

This article is more than 5 years old.

Advertising giants Omnicom Group Inc. and Publicis Groupe have scrapped plans for a $35-billion merger.

The Wall Street Journal reports that there was trouble getting tax and other regulatory approvals, as well as differences over which executives would fill top roles.

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