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News Brief

June 21, 2000
See Original Daily Bulletin From This Date

French advertising firm Publicis is taking over Britain’s Saatchi & Saatchi in a $1.89 billion deal that creates the world’s fifth largest advertising company. Saatchi & Saatchi was founded by Charles and Maurice Saatchi, the sons of an Iraqi Jew who fled from Baghdad to Britain in 1946 to avoid religious persecution.

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