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I would have thought an RNS would have needed to be issued if an approach was made from PE or Stagwell ?

The only ones keeping this down is shorts.. we are near the trading lows... so I doubt any II would be selling at this level... what we need is one of the II to make a move and buy on this market not of exchange..

Https://www.newmountaincapital.com/

So todays high was up 35 % at 54.70....

No smoke with out fire...

Shorts need to cover

Any price below 3.40 is giving us away

Sorrell has a strained relationship with Penn, the founder of Stagwell, that goes back to their previous work relationship. That tension is complicating any potential deal between S4 and Penn’s company, people familiar with the matter said. Penn worked for Sorrell for years after WPP bought a research and polling consulting firm that Penn co-founded. He left in 2012 to work for Microsoft.

Stagwell, whose clients include Bud Light and the National Football League, owns agencies such as Code and Theory, 72andSunny and Anomaly, as well as public-relations agency SKDK and research firm The Harris Poll. Penn has long had a keen interest in acquiring S4 because of its expertise in areas such as app development, data marketing and helping companies with their digital transformations.

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However, Stagwell’s interest in S4 is waning given Sorrell’s reluctance to negotiate, some of the people said.

New York private-equity firm New Mountain Capital held exploratory talks with S4 last year about a possible acquisition, according to people familiar with the discussions. New Mountain has a majority stake in digital marketing outfit Tinuiti and owns Bounteous, a consulting company focused on building digital customer experiences for brands. New Mountain remains interested in buying some parts of S4.

New Mountain Capital declined to comment.

The stock decline has left Sorrell vulnerable, said Greg Paull, co-founder of R3, a consulting firm that helps match advertisers with agencies. “I wouldn’t be surprised if someone like private equity comes in and takes a shot at it,” he said.

A sale would mark an ironic twist for Sorrell because he “is usually the one leading the way in the acquisition space,” Paull said.

Asked about his M&A strategy during a 2011 interview, Sorrell said: “In my view, there is no such thing as a hostile takeover. Many takeovers are not hostile to the shareholders or employees—they may be hostile to the CEO.”

There in talks with PE and still ongoing at 700 millon plus

Not sure if that makes a difference.. at the moment .. it shows where PE is at the moment 1 billion.. we are at 300 million

S4 has been approached by private equity at 4 X the current share price... what more do we need to know

Sorrell rebuffed the offers because they undervalued the company and he didn’t view Stagwell as a good strategic fit with his firm. One proposal, made last fall, was worth nearly $700 million, some of the people said. At least one private-equity firm also expressed some interest in acquiring S4.

Https://www.wsj.com/business/media/he-was-the-ad-industrys-hunter-now-hes-the-prey-65a12b99

This is massive

2.20

On the back of this we should be 90-100

https://www.costar.com/article/1802858808/video-newriver-reit-chief-lockhart-targeting-uk-retail-sectors-renaissance

Https://www.martechcube.com/media-monks-launches-ai-powered-consumer-insight-solution/

Now we are 12 times the revenue for a lower vlauation than we paid for Media Monks... Crazy

Https://www.theguardian.com/media/2018/jul/10/martin-sorrell-wpp-mediamonks-s4-capital