Jim Kirk, The Trib’s media and advertising reporter, reports that there’s a new ad agency holding company in town. Goes by the name of Tungsten Group. Run by some heavy weights. Notably, Tom McConnaughy, who sold his interest in McConnaughy Stein Schmidt Brown to Euro RSCG Partners several years ago. The “M in MSSB” joins former Leap Group executives Fred Smith and George Gier. First purchase, Grant Jacoby, a 60-year old Chicago business-to-business shop.
Jim Kirk