Market research giant rejects £1bn bid

Market research giant Taylor Nelson Sofres has rejected a £1bn (€1.2bn) bid from advertising group WPP, it emerged today.

Market research giant Taylor Nelson Sofres has rejected a £1bn (€1.2bn) bid from advertising group WPP, it emerged today.

TNS said its board had unanimously rejected the unsolicited proposal, which it dismissed as being “opportunistic” and not in shareholders’ best interests.

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