WPP `gazumped'
WPP `gazumped'
WPP Group is suing the Canary Wharf property complex in London's docklands for pounds 17m after allegedly being gazumped in the battle for office space. WPP had been planning to move all its Ogilvy & Mather advertising business to Canary Wharf but found the space was let instead to the Financial Services Authority. WPP is claiming for wasted costs and lost savings on rent.
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