Omnicom, Publicis Abandon $35 Billion Merger

May 9 (Bloomberg) -- Omnicom Group Inc. and Publicis Groupe SA abandoned their $35 billion plan to create the world’s largest advertising company, saying they couldn’t overcome obstacles that slowed progress toward the deal’s completion. London Advertising CEO Michael Moszynski speaks on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Parity for Euro by End of the Year: BNP Paribas
04:27 - BNP Paribas Senior Global FX Strategist Phyllis Papadavid discusses the euro posting its worst quarter on record, how much lower the currency can go and the outlook for global currencies. She speaks to Bloomberg's Mark Barton and Caroline Hyde on "Countdown." (Source: Bloomberg)
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