Omnicom Group Inc. announced the commencement of exchange offers and consent solicitations in connection with its pending acquisition of The Interpublic Group of Companies, Inc. Omnicom is offering eligible holders the opportunity to exchange any and all outstanding IPG notes for new Omnicom notes. This move is part of the process to finalize the merger between the two companies as outlined in their Agreement and Plan of Merger from December 8, 2024. The new notes will have different terms and conditions compared to the existing IPG notes.
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