Market Overview

WSJ Says Publicis in Talks to Acquire Sapient; Deal Could be Announced Monday, According to Sources

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Publicis Groupe SA (OTC: PUBGY) is in talks to acquire Sapient Corp. (NASDAQ: SAPE), according to WSJ. Sources say a deal could be announced as early as Monday.

Shares of the Boston, MA-based company rose Friday, ahead of the rumor.

Sapient closed Friday at $17.32, a gain of almost 3% on 3 times average volume.

Posted-In: M&A News Rumors

 

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