OTHER NEWS - June 18, 1992
From Times Staff and Wire Reports
Saatchi Sells Polling Unit: Saatchi & Saatchi Co., the giant advertising and marketing services conglomerate, said it sold its Yankelovich Skelly White-Clancy Shulman Inc. unit to an investor group. The buyers, led by New York-based Wand Partners Inc., agreed to pay $10.6 million over the next six years for the Westport, Conn.-based public opinion and market research firm. Yankelovich earned pretax profits of $988,000 on revenue of $11.1 million last year. It employs about 100.
