WME Sells Sports Agency 160over90 to Publicis in $500 Million-Plus Deal [Yahoo! Finance]
PUBLICIS GROUP SA S/ADR (PUBGY)
NASDAQ:AMEX Investor Relations:
publicisgroupe.com/en/investors/investors-analysts/overview
Company Research
Source: Yahoo! Finance
Terms of the deal weren't disclosed. Publicis is paying more than $500 million for 160over90, Variety has confirmed. The price tag was first reported by the Wall Street Journal. The deal is subject to the customary closing conditions including regulatory approvals. Endeavor, the predecessor company of WME Group, acquired 160over90 in 2018 for a reported $200 million. More from Variety WME Laying Off 30 Staffers, 3% of Headcount, After Going Private Last Year: 'Our Industry Is Undergoing Profound Change' Ari Emanuel Gets $173.8 Million Cash Payout From Endeavor Go-Private Deal With Silver Lake Ciao, Endeavor: Ari Emanuel Gives Up CEO Role as $25 Billion Go-Private Deal Closes; the Renamed WME Group Led by Mark Shapiro 160over90 has more than 670 employees across the U.S., U.K., Europe, the Middle East, Africa and the Asia-Pacific region. The division has worked on activations for global brands including the NFL's Super Bowls, the Olympic Games and the FIFA World Cup. With
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