Media Asia 28-May-07, 10:07 JAKARTA - IPG is looking to consolidate its local media operations - Initiative and Universal McCann - into a holding company called IPG Media, in a move prompted by the reported loss of the agency's key local client, XL Telecom. According to a source at the office, key management at Universal McCann have been offered jobs at Initiative and another IPG sibling, DraftFCB. Universal McCanns 18-member workforce reportedly received news... source: http://www.brandrepublic.com
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