SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 11, 1998
The Interpublic Group of Companies, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-6686 13-1024020
(State or other (Commission (IRS Employer
Jurisdiction File Number) Identification Number)
of incorporation)
1271 Avenue of the Americas, New York, New York 10020
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 212-399-8000
_________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
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Item 9. Sales of Equity Securities Pursuant to Regulation S.
On December 11, 1998, The Interpublic Group of Companies, Inc. ("Interpublic")
sold 22,808 shares of its common stock, par value $.10 (the "Shares"), to
three (3) Austrian individuals (together "the Sellers"), as a portion of the
first installment, valued at ATS 18,684,360 out of a total downpayment of ATS
37,368,720, to the Sellers for 51% of the issued shares of capital stock of
Panmedia Holding AG, an Austrian company.
No underwriter or placement agent was used in connection with the sale of
the Shares.
The transaction was effected in an "offshore transaction" and in accordance
with the "offering restrictions" and "no directed selling efforts"
requirements of Rule 903(c)(2) of Regulation S under the Securities Act of
1933.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE INTERPUBLIC GROUP OF COMPANIES, INC.
Date: December 15, 1998 By: NICHOLAS J. CAMERA
VICE PRESIDENT, GENERAL COUNSEL
AND SECRETARY
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