Interpublic Group of Companies: Omnicom Secures Key Majority Consent for IPG Debt Exchange
August 27, 2025
August 27, 2025
WASHINGTON, Aug. 27 -- Omnicom Group Inc., New York, and The Interpublic Group of Co. Inc., New York, have announced that a majority of eligible holders of IPG's existing notes have consented to the terms of a proposed debt exchange.
The move is a significant step toward Omnicom's pending merger with IPG, according to the companies. By the early tender date of August 22, Omnicom had received valid tenders and consents from noteholders holding over 90% of the principal amo . . .
The move is a significant step toward Omnicom's pending merger with IPG, according to the companies. By the early tender date of August 22, Omnicom had received valid tenders and consents from noteholders holding over 90% of the principal amo . . .