IPG acquires London ad shop to bolster Lowe office

06/29/2010 | NYTimes.com

Interpublic Group will purchase the Creston Group's Delaney Lund Knox Warren for approximately $40 million, the company announced. Interpublic plans to combine Delaney with its London-based Lowe & Partners Worldwide to create DLKW Lowe. The new firm will employ more than 250 people, headed by Greg Delaney, Tom Knox and Richard Warren.

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