By Gillian West

Sapient shareholders have been given an extension to accept Publics Groupe’s $3.7bn buy out for the fourth time.

The deadline, which was previously Thursday 22 January, has been changed to 5 February 2015.

Previous delays in closing the deal have been blamed on the additional time needed to deal with US regulatory requirements, with a Publicis statement claiming additional time is needed “for the satisfaction of the CFIUS Condition and the FOCI Mitigation Plan Condition”.

At the time of the deal in November 2014, Publicis Groupe chairman and chief executive Maurice Levy called Sapient “a crown jewel” company that would give Read full story ›

Source: The Drum