TNS: No deal for merger with WPP

05/5/2008 | International Herald Tribune

WPP's £950 million offer for TNS has been rejected by the market research firm, according to this article. TNS, which said the WPP offer "substantially" undervalued the company, indicated that it would "shortly" have news of a possible merger with German market research firm GfK. WPP reportedly would have become the world's second-biggest market research firm, had TNS accepted its offer.

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