GFK says to make better offer for TNS than WPP
MUNICH (Reuters) - Germany's GfK Holdings (GFKG.DE) said on Wednesday it wants to make a better offer for Taylor Nelson Sofres TNS.L than Martin Sorrell's advertising group WPP.
"We will and must make a better offer than WPP," a GFK spokesman said.
WPP Group, the world's second-largest advertising company, made a hostile 1.08 billion pound bid for market research group TNS TNS.L earlier on Wednesday, after its previous proposals were rejected.
(Reporting by Christian Kraemer)
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