Acquisition
10 December 2003 - 3:34AM
UK Regulatory
RNS Number:0594T
WPP Group PLC
09 December 2003
FOR IMMEDIATE RELEASE 9 December 2003
WPP GROUP PLC ("WPP")
WPP acquires Quinn Gillespie & Associates in Washington
WPP announces that it has acquired the business and assets of Quinn Gillespie &
Associates, the Washington DC-based bi-partisan public affairs firm which
specialises in strategic consulting, government advocacy and public relations.
Since it was founded in 2000, Quinn Gillespie has established a strong
reputation for managing difficult issues involving legislation, regulation and
corporate reputation, attracting clients such as Hewlett-Packard, Sony,
Coca-Cola, PricewaterhouseCoopers, Verizon, DirectTV, Tyson Foods and Microsoft.
The company employs 25 people and had revenues of $12.5 million for the year
ended 31 December 2002 and net assets of $2.5 million as at the same date.
The acquisition of Quinn Gillespie reinforces WPP's comprehensive communications
services offer and continues the Group's strategy of strengthening its practices
in important markets and sectors.
For further information, please contact:
Feona McEwan, WPP
44-20 7408 2204
www.wpp.com
This information is provided by RNS
The company news service from the London Stock Exchange
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