WPP Invests $6.5 Million in Mic Network

Features Dow Jones Newswires

Advertising giant WPP PLC (WPP.LN) Wednesday said it has invested $6.5 million in Mic Network, a digital news and branded content company focused on young adults.

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Shares at 1009 GMT, up 12 pence, or 0.7%, at 1,685 pence valuing the company at GBP21.45 billion.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

(END) Dow Jones Newswires

June 21, 2017 06:26 ET (10:26 GMT)