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BUSINESS
January 17, 1995 | From Associated Press
Shares in the embattled advertising group Saatchi & Saatchi Co. rose 9% Monday, as an investment bank took a big stake and the company's board held a meeting that reportedly could lead to a new name. Saatchi & Saatchi was rocked last week by the departure of co-founder Maurice Saatchi, who cut all ties to the group after U.S. shareholders forced him out as chairman.
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BUSINESS
April 6, 1995 | Times Staff and Wire Reports
Cordiant to Sell Minneapolis Agency: The advertising group formerly called Saatchi & Saatchi Co. said it will sell Campbell Mithun Esty Inc. to the Interpublic Group of Cos. for $40 million. CME's clients include Borden pastas, Andersen Corp. windows, ConAgra Healthy Choice foods and Dow household sprays and cleansers. Cordiant said the agency no longer fits with its strategy, which is based on ad agencies Bates Worldwide and Saatchi & Saatchi Advertising Worldwide.
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BUSINESS
February 15, 1995 | Times Staff and Wire Reports
New Legal Action in Saatchi Drama: The fighting between advertising executive Maurice Saatchi and his old firm intensified as Saatchi & Saatchi Co. took new legal action against Saatchi and his brother, Charles. Saatchi & Saatchi began British legal proceedings that attempt to recover profits, reported at around $40 million, the brothers made from an investment in the German sportswear company Adidas in February, 1993.
BUSINESS
February 15, 1995 | Times Staff and Wire Reports
New Legal Action in Saatchi Drama: The fighting between advertising executive Maurice Saatchi and his old firm intensified as Saatchi & Saatchi Co. took new legal action against Saatchi and his brother, Charles. Saatchi & Saatchi began British legal proceedings that attempt to recover profits, reported at around $40 million, the brothers made from an investment in the German sportswear company Adidas in February, 1993.
BUSINESS
April 6, 1995 | Times Staff and Wire Reports
Cordiant to Sell Minneapolis Agency: The advertising group formerly called Saatchi & Saatchi Co. said it will sell Campbell Mithun Esty Inc. to the Interpublic Group of Cos. for $40 million. CME's clients include Borden pastas, Andersen Corp. windows, ConAgra Healthy Choice foods and Dow household sprays and cleansers. Cordiant said the agency no longer fits with its strategy, which is based on ad agencies Bates Worldwide and Saatchi & Saatchi Advertising Worldwide.
BUSINESS
January 17, 1995 | From Associated Press
Shares in the embattled advertising group Saatchi & Saatchi Co. rose 9% Monday, as an investment bank took a big stake and the company's board held a meeting that reportedly could lead to a new name. Saatchi & Saatchi was rocked last week by the departure of co-founder Maurice Saatchi, who cut all ties to the group after U.S. shareholders forced him out as chairman.
BUSINESS
October 11, 1989 | From Associated Press
A Memphis, Tenn.-based investment management concern increased its stake in British advertising conglomerate Saatchi & Saatchi Co. to 10.24%, it was disclosed Tuesday. In a filing with the Securities and Exchange Commission, Southeastern Asset Management Inc. said it paid $79.7 million over the last two months to buy 3.4 million ordinary shares of Saatchi & Saatchi, the world's largest advertising holding company. That increased Southeastern's holdings to 5.
BUSINESS
October 11, 1989 | From Associated Press
A Memphis, Tenn.-based investment management concern increased its stake in British advertising conglomerate Saatchi & Saatchi Co. to 10.24%, it was disclosed Tuesday. In a filing with the Securities and Exchange Commission, Southeastern Asset Management Inc. said it paid $79.7 million over the last two months to buy 3.4 million ordinary shares of Saatchi & Saatchi, the world's largest advertising holding company. That increased Southeastern's holdings to 5.
BOOKS
September 18, 1988
The review of "Emperors of Adland" (Book Review, July 24) mentioned the agency "Sachi & Sachi." The correct name is Saatchi & Saatchi Co. PLC. DAVID W. BATTERSON PALM SPRINGS
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