MSGI Reported to be Exploring Coolidge Buy

Share this article:
Marketing Service Group Inc., a multifaceted direct marketing company, has an agreement in principle to acquire The Coolidge Co., a list marketing and brokerage firm, according to sources close to the deal who asked not to be identified. Both companies are based in New York.


Although a definitive agreement has not yet been reached, the participants are optimistic about the prospects for the deal, the sources said. MSGI reportedly would keep Coolidge, which has a sizable client list, separate from Steven-Knox, its other major list management and brokerage concern.


Sources at Coolidge declined to comment, and officials at MSGI could not be reached this week at press time. MSGI, a publicly held company that has been on an acquisition binge, also is in the process of acquiring direct marketing concern Grizzard Communications Group, Atlanta.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Hawk Search Widens its Global Reach

Hawk Search Widens its Global Reach

Hawk Search's solution offers support for more than twice as many languages as other site search providers, according to the company.

Candidates Offer Change In The Form of Targeting

Candidates Offer Change In The Form of Targeting

A campaign for Ben Carson raised $2.8 million despite his lack of cooperation.

Target Names Retail Veteran Brian Cornell as CEO

Target Names Retail Veteran Brian Cornell as CEO

He leaves the top job at PepsiCo Foods to take the spot vacated by Greg Steinhafel in the aftermath of the data breach.