Daily Research News Online

The global MR industry's daily paper since 2000

WPP Continues Buying of comScore Shares

January 4 2016

WPP has continued its large-scale purchase of comScore stock, adding around $7.2m worth in three purchases since the morning of 24th December.

Sir Martin SorrellDRNO reported previous buys totalling just under $8m on Christmas Eve. Since then the audience measurement firm has seen its share price rise from just over $38.50 to more then $42. The latest purchases include 60,000 shares on 29th December, 60,000 on 28th and 54,206 on 24th.

comScore, whose stock is still well down on its 1-year high of $65.00, is on target to acquire cinema and TV audience pioneer Rentrak for around $732m, if given the go-ahead at shareholder meetings later this month. WPP took a large stake in comScore lust under a year ago, and also acquired one sixth of Rentrak in December 2014.

Web sites are at www.wpp.com , www.comscore.com and www.rentrak.com .

All articles 2006-19 written and edited by Mel Crowther and/or Nick Thomas.

Select a region below...
View all recent news
for UK
UK
USA
View all recent news
for USA
View all recent news
for Asia
Asia
Australia
View all recent news
for Australia

REGISTER FOR NEWS EMAILS

To receive (free) news headlines by email, please register online