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Interpublic Group of Companies, Inc. (The) -- Moody's confirms IPG's Baa2 senior unsecured and Prime-2 short-term ratings; outlook now stable

Moody's Investors Service ("Moody's") has confirmed The Interpublic Group of Companies, Inc.'s ("IPG" or the "company") Baa2 senior unsecured rating and Prime-2 commercial paper rating. The rating outlook is stable. Moody's initiated the review following IPG's announcement that it agreed to purchase Acxiom Corporation's Acxiom Marketing Solutions business ("AMS" or "Acxiom Marketing") for $2.3 billion and finance the transaction entirely with debt.