By John Glenday

The increasingly tetchy relationship between Sir Martin Sorrell and WPP has entered a new phrase itself as the two parties go to war in a bid for control of Dutch agency MediaMonks.

Sorrell is currently in takeover negotiations for the company via his investment vehicle S4 Capital, in direct competition with the agency network he built, prompting WPP to warn that a £20m payoff comprising share awards is now in jeopardy unless he walks away.

WPP issued the threat by way of its lawyers, Slaughter & May, declaring that any breach of his exit agreement would Read full story ›

Source: The Drum