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Turmoil at TBWA as Omnicom eyes BMB.(Beattie McGuinness Bungay)(Brief article)

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| October 03, 2008 | COPYRIGHT 2008 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The future of Tim Lindsay at TBWA\UK Group is in question this week following a raft of reports that Omnicom is close to buying Beattie McGuinness Bungay.

Sources say the London network agency is in a state of turmoil, with many staff fearing for their own jobs if the deal, which would see BMB merged with the Omnicom agency, goes through.

Lindsay, the TBWA\UK president, is understood not to have been involved in the acquisition conversations, leading to speculation that he would not be involved in future plans should the acquisition go ahead.

Global TBWA sources have confirmed that talks are taking place, but played down any suggestion ...

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