Commuications Services Climb in Anticipation of Deal Activity - Communications Services Roundup

Published: 2025-06-24 17:41:15 ET IPG

Published on 06/24/2025 at 17:41

Communications-services companies rose amid anticipation of more deal activity.

Advertising holding company Omnicom Group can proceed with its proposed acquisition of rival Interpublic Group after the companies promised not to collude on politically motivated ad boycotts, the Federal Trade Commission said.

Axel Springer, the parent of online publications such as Politico and Business Insider, recently divulged plans to double its value within five years supported by artificial intelligence.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

06-24-25 1740ET