You hit the nail on the head there dct.
Weekend AFR Sept 5-6, 2009
MITCHELL BUYS INTO STARCOM
"Marketing services company Mitchell Communications Group has bought the Perth office of media agency Starcom for an estimated $3 million. The agency was owned by local executives and American agency Starcom MediaVest"
Fantastic effort. Lol It's usually Starcom eating up the small agencies! Starcom’s WA division must be a poor performer but who cares! $3mil to eliminate the competition is good value IMO. And the cost was less than 10% of 2009 EBITDA!
Who's next???
Glad I increased my holding last week.
:)
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