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LONDON - German media company Bertelsmann is buying Myplay.com, a firm that develops online music services for other companies. The terms of the have not been disclosed, but reports indicate say the German firm has agreed to pay about 30m ( 26m) for Myplay.
LONDON - An ad promoting an abortion pill has ignited fresh political controversy in the US, after being banned by at least one magazine, the Hearst Corporation's Redbook .
LONDON - Companies are more likely to use online business-to-business marketplaces if suppliers offer more comprehensive services, according to research from Jupiter Media Metrix.
LONDON - LogiGo.com, an Amsterdam-based online business-to-business marketplace for the European road freight industry, has put itself up for sale after failing to secure a second round of funding.
LONDON - Procter 4bn for Bristol-Myers Squibb's Clairol hair care business.
LONDON - US Pharmaceutical company Schering-Plough is searching for a new agency to handle its estimated 50m ( 34.82m) media buying and planning account for its consumer healthcare products division, which includes over-the-counter drugs, foot care and sun care products.
LONDON - GlaxoSmithKline is launching a review for its creative work on consumer and professional prescription drug accounts, believed to be worth over 425m ( 297.8m).
LONDON (Brand Republic) - The WPP Group has acquired specialist pharmaceutical research agency The Ziment Group, which is to form the basis of a new global healthcare practice.
BestofBiz Briefings are articles on topical management issues from the London Business School, with links, references and further reading. This article can also be viewed free on the BestofBiz website.
