M&C Saatchi Remains The Largest Independent Agency In The World [DesignRush Spotlight]

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Next 15 Communications wanted to acquire M&C Saatchi. DesignRush looked into the potential acquisition and shared the details of the takeover attempt.

DesignRush Spotlight: M&C Saatchi remains the largest independent agency in the world

With 89% voting against, Next 15 attempt to acquire M&C Saatchi fell

Back in October, DesignRush reported that M&C Saatchi investors would regather to vote on the Next 15 Communications holding group’s acquisition of the agency. The special session happened on October 31st.

DesignRush, a B2B marketplace connecting businesses with agencies, followed the situation and shared the details.

In the past six months, Next 15 Communications has lost a third of its value, which was one of the major concerns.

Next 15 Communications also offered an unfavorable per-share value for M&C Saatchi.

Hence, with 89% voting against it, the deal fell and M&C Saatchi still remains the largest independent agency in the world.

Read more about the acquisition failure in these Spotlight news features:

About DesignRush:

DesignRush.com is a B2B marketplace connecting businesses with agencies through expert reviews and agency ranking lists, awards, knowledge resources, and personalized agency recommendations for vetted projects.

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Maja Skokleska
@designrushmag
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