Agency Mergers and Acquisitions Have Declined in 2017

The ad industry’s biggest names aren’t spending quite as much on mergers and acquisitions this year as they were in 2016.

That’s the top takeaway from international consultancy R3’s latest report on the state of agency M&A for the first four months of 2017, a period during which the total value of related deals dropped more than 24 percent year over year.

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