Omnicom and Interpublic Group Merger Under FTC Antitrust Review
New York, NY – March 13, 2025 – Omnicom Group Inc. (NYSE: OMC) and Interpublic Group (NYSE: IPG) have received a Second Request from the Federal Trade Commission (FTC), requiring additional information regarding their pending merger. This step extends the regulatory review process under the Hart-Scott-Rodino Antitrust Improvements Act (HSR).
Key Merger Details
Announced: December 8, 2024
Structure: IPG to merge with and become a wholly owned subsidiary of Omnicom
Stockholder Vote: Special meetings scheduled for March 18, 2025
Regulatory Approval: Subject to FTC review and expiration of the HSR waiting period
Implications of the FTC’s Second Request
The merger cannot proceed until regulatory concerns are resolved.
The request signals potential competition concerns in the advertising sector.
Both companies remain committed to completing the merger, pending stockholder and regulatory approvals.
2025-03-14
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