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WPP agrees acquisition of US digital agency AKQA.
(From M&A Navigator)
MANAVIGATOR-June 20, 2012-WPP agrees acquisition of US digital agency AKQA (C)2012 M2 COMMUNICATIONS http://www.m2.com
20 June 2012 Irish communications services major WPP Plc (LON:WPP) on Wednesday said it had entered into an agreement to buy US-based digital agency AKQA Holdings Inc for a non-specified purchase price. The transaction will provide AKQA with increased resources and access to new geographies, its founder and chief executive Ajaz Ahmed stated. The CEO will continue to lead the business alongside the agency's current chairman Tom Bedecarre. The latter will also assume the role of president of WPP Ventures, a new Silicon …
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