REVIEW: Interpublic set to dispose of Octagon Motorsports
Interpublic is set to dispose of the loss-making Octagon Motorsports, which owns the Brands Hatch racing circuit, in a bid to restore financial stability. The world's second-largest communications group reported a fourth-quarter net income of $20.3 million, down almost 79 per cent from a year ago. Meanwhile, Taylor Nelson Sofres has dropped out of the bidding for NFO WorldGroup, Interpublic's market research specialist. - General release.