Omnicom Shares Erase Gains as Traders Show Doubt Related to Deal with Publicis
July 29, 2013 at 15:51 PM EDT
Shares of Omnicom Group (NYSE: OMC ) have sold off very sharply over Monday's trading session, moving from as high as $70.50 (up more than 7.4 percent) to now under $65 (down about 0.7 percent from Friday's close). While traders initially cheered the deal between Omnicom and Publicis, a