Opportunities increase for independent Grey Group
Merger On Tuesday, a new interested party emerged for the Grey Global Group.
According to Reuters, the investment firm Providence Equity Partners (PEP) is planning to make an offer for the US advertising group, which has been looking for a buyer since the end of June. PEP is the third private equity firm to bid for Grey. Of Grey's competitors, observers see at most the British company WPP in the running.
