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As the prospect of IPG disposing of some of its assets looms, it has emerged that Sir Frank Lowe is looking at making his advertising comeback and has approached top-level Lowe staff with a plan to back a management buyout.
Lowe is eager to see the agency he founded wrested from IPG and is willing to use his reputation to lend credibility to a breakaway.
Meanwhile, Lowe's management is believed to have been approached by a second, as-yet-unnamed, backer. And Jerry Judge, the network's former chief executive, is also rumoured to be considering putting together a bid - something he ...