NEW YORK (AP) — Advertising and marketing company WPP PLC said Tuesday that it is acquiring communications and government-relations firm The Glover Park Group for an undisclosed price.
Glover Park, headquartered in Washington, was founded in 2001 and employs more than 140 people. It works with corporations, nonprofit organizations, public institutions and high-profile individuals, according to the company.
Some of the company's leaders have worked in the U.S. House and Senate, the Obama, Bush and Clinton administrations as well as in electoral campaigns, journalism and consumer marketing and advertising firms. Glover Park CEO Chip Smith was a deputy campaign manager for Al Gore's presidential campaign. And Dee Dee Myers, a managing director, was the White House press secretary during Bill Clinton's first term as president.
WPP, which employs more than 153,000 people in 107 countries, did not provide further comment on the deal Tuesday.
Shares of WPP rose 82 cents, nearly 2 percent, to $50.56 in midmorning trading.