An unknown entity, probably an agency holding company, has approached Aegis — which contains the Isobar network’s iProspect, Carat Fusion and numerous other interactive businesses — with a a bid worth 140 pence per share, or U.S. $2.8 billion.
UPDATE (by Pamela Parker): The WSJ is reporting that the previously unnamed entity is Publicis.
Google spam update finished rolling out on October 8 after nearly two weeks, far longer than past spam updates, with heavy volatility reported on several dates.