- Omnicom Group Inc’s OMC Omnicom Media Group subsidiary announced the sale of the specialty media company, ICON International, to ICON’s management team.
- The financial terms of the transaction were not disclosed.
- The sale of ICON is part of Omnicom’s continuing realignment of its portfolio of businesses.
- The sale will not have a material impact on Omnicom’s ongoing operating income for 2021.
- Price action: OMC shares traded higher by 0.65% at $83.49 on the last check Friday.
OMCOmnicom Group Inc
$76.541.24%
Edge Rankings
Momentum
27.40
Growth
49.58
Quality
68.01
Value
40.64
Price Trend
Short
Medium
Long
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