Omnicom to acquire Interpublic to reshape global advertising industry

NEW YORK, Dec. 9 (Xinhua) -- Omnicom Group, an American global media, marketing and corporate communications holding company based in New York City, will acquire the American publicly-traded advertising company Interpublic Group in a deal that will create the world's largest advertising business, the companies confirmed on Monday.

"A combined entity would have net revenue of more than 20 billion U.S. dollars, ba