WPP agrees to merge ANZ businesses with STW

Communications Group Limited (STW) and increase its shareholding from 23.6% to 61.5%. STW, Australia and New Zealand’s leading marketing and communications group, is a publicly listed company, whose shares are traded on the Australian Securities Exchange

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STW share trading suspended on WPP buyout speculation

Listed advertising and marketing services firm STW Communications has gone into a trading halt amid speculation of a takeover by Sir Martin Sorrell’s WPP. The move by WPP is not unexpected with the two businesses being closely associated since the late 1990s. STW and WPP partner in some businesses such as Ogilvy, and WPP already owns 23.6 per cent of STW through its subsidiary, Cavendish Square Holdings.

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Atlantic Media in talks to sell Quartz

Atlantic Media has held talks with a number of potential buyers interested in digital media about a sale of or potential investment in Quartz, the publishing group’s business news site, according to people familiar with the matter

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Tribune Publishing: No, We’re Not For Sale

Rupert Murdoch indulged in some good old-fashioned rumor-mongering over the weekend, triggering an online frenzy with his tweet on Friday that Tribune Publishing will be sold in the near future. However, Tribune moved to dispel the rumor Monday, with a statement that it has no offers pending and is not for sale

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