Advertising Industry
Industry: Email Alert RSS FeedOmnicom completes share transfer ; Seneca receives stake in three interactive shops.(Brief Article)
Advertising Age, May, 2001 by Mand, Adrienne; Taylor, Catharine P.
Omnicom Group filed documents with the Securities & Exchange Commission last week completing its transfer of shares in New York-based Agency.com and Razorfish, and San Francisco-based Organic to Seneca Investments LLC, the new e-services company that it jointly owns with Pegasus Partners II, a Greenwich, Conn., investment firm known for buying distressed properties.
Those documents, and an announcement early last week by Agency.com that Seneca wanted to buy 100% of its shares, shed some light on what the Seneca structure will look like. As part of the transfer of shares of the interactive agenices, all equity of Communicade LLC, the unit that Omnicom formed to hold i-shop investments, was contributed to Seneca, and all Communicade employees, including CEO...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
