By John Glenday

Sir Martin Sorrell is reported to be closing in on his second major acquisition amidst suggestions that the former WPP chief is poised to make a $200m move for San Francisco-based advertising firm Mightyhive.

The audacious move across the Atlantic comes just weeks after Sorrell concluded a €300m acquisition of Dutch agency Media Monks to announce his return to the industry frontline in grand style.

Both deals have been negotiated through Sorrell’s S4 Capital vehicle which raised $51m from investors (£40m of which came from Sorrell’s own pocket) after floating on the London Stock Read full story ›

Source: The Drum