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Omnicom to pay $9.00 sweetener for unexercised puts
New York, Feb. 5 - Omnicom Group Inc. said it will pay $9.00 per $1,000 principal amount of its Liquid Yield Option Notes due 2031 to holders who do not exercise the put option.
Holders will qualify if they have not exercised the option as of the close of business on Feb. 4 or if they withdraw the exercise before the close of business on Feb. 6. Payment will be made on Feb. 8.
Omnicom is a New York-based advertising, marketing and corporate communications company.
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