WPP denounces Martin Sorrell’s bid for MediaMonks as ‘unlawful’
WPP has accused its former boss Sir Martin Sorrell of unlawfully trying to acquire an agency using confidential company information, it has been reported.
According to the Guardian, the world’s largest holding company allegedly called in lawyers after Sorrell’s new company, S4 Capital, announced a AU$536m bid for Dutch production house MediaMonk – a company he encountered during his tenure of WPP.