Dentsu To Buy Aegis For $5B

by Monica Gerson, Benzinga Staff Writer

July 12, 2012 4:02 AM | 14 seconds read | Make a Comment

Japanese Dentsu

DNTUY

announced its plans to buy marketing group Aegis

AEGSF

for 3.2 billion pounds ($5 billion). Dentsu will pay 240 pence for each Aegis share, representing a 48% premium to the stock's closing price on Wednesday.

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Dentsu To Buy Aegis For $5B