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Advertising Industry
Industry: Email Alert RSS FeedWhat Translation could bring IPG; Stoute-founded firm offers urban, youth and celebrity expertise.(News)(Interpublic Group of Companies Inc. acquired Translation Consultation and Brand Imaging)
Advertising Age, October, 2007 by Halliday, Jean; Parekh, Rupal
Byline: RUPAL PAREKH
Translation isn't lost on Interpublic Group of Cos.
The country's third-largest holding company is in negotiations to purchase some street cred in the form of Steve Stoute's branded-entertainment shop, Translation Consultation & Brand Imaging. Making a bet on youth and urban markets, Interpublic is set to acquire the four-year-old company noted for promotional pairings that include Justin Timberlake with McDonald's, Jay-Z with Reebok and Hewlett-Packard with Gwen Stefani.
Financial terms of the transaction, expected to be completed this week, are ...
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