TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

Aegis stock skyrockets — Yo Vince — listen to the board….

Aegis shares have risen 4% today on the LSE after it issued a trading update showing its revenues have grown by 24% year on year.

bitch_slap.jpg

Aegis’ Board has a message for Vincent Bollore

The performance was helped by acquisitions and the weakness of the pound, but Aegis, headed by chief executive Robert Lerwill, still demonstrated strong organic growth at 8.3%.

Its share price rose 4.3% to 122p, giving the group a market capitalization of £1.41bn (about $2.8 billion USD.)

All of this is not going to be good news for “Vinny” — Vincent Bollore for those not in the know — as he continues to make fruitless efforts to stack the Aegis board.

It is believed Vince is planning to combine Aegis Media with Havas media agency MPG if the takeover ever materializes. The aegis board keeps giving him the smackdown — expected to be for the fifth time in a row at the next board meeting.

Mediabistro Course

Management 101

Management 101Become a better manager in our new online boot camp, Management 101! Starting October 27, MediabistroEDU instructors will teach you the best practices for being a manager, including, how to transition into a management role, navigate different team personalities and more! Register before September 30 to get $50 OFF with early bird pricing. Register now!