WPP Receives Subpoenas from US Department of Justice
December 19 2016 - 10:45AM
Dow Jones News
LONDON--WPP PLC (WPP.LN) said Monday it has received subpoenas
from the U.S. department of justice's antitrust division regarding
ongoing investigations into video production and post-production
practices in the advertising industry.
"WPP and its subsidiaries are fully cooperating with the
enquiries," the communications company said.
Shares at 1515 GMT down 10 pence, or 0.7%, at 1769 pence valuing
the company at GBP22.67 billion.
Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter
@OlgaCotaga
(END) Dow Jones Newswires
December 19, 2016 10:30 ET (15:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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