KSL Media Completes Buyback
KSL Media, a 24-year-old media service company, completed its buyback from Interpublic Group of Companies Inc., a New York agency holding firm.The buyback began in September 2001, two years after Chicago agency holding firm True North Communications bought KSL, New York. Interpublic soon acquired True North in a growing consolidation of the ad agency business. KSL quickly learned it was not central to Interpublic's plans.
KSL offers media services to agencies like kirshenbaum bond & partners' West Coast office, Pedone & Partners and Nelson Communications. Brands served include Boeing Co., Grey Goose Vodka and Countrywide Financial.
