SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------------------------------
FORM 8-K
------------------------------------
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 30, 1997
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
of incorporation) Number)
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)
<PAGE>
Item 9. Sales of Equity Securities Pursuant to Regulation S.
On December 30, 1997, the Interpublic Group of Companies,
Inc. ("Interpublic") sold 362,939 shares of its common stock, par
value $.10, to two Danish corporations in exchange for 115
million Danish Kroners in value of the capital stock of Medialog
A/S, a Danish corporation ("Medialog").
As a result of this, Interpublic has acquired 100% of the
capital stock of Medialog.
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 l933.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of l934, 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 30, 1997 /s/ Nicholas J. Camera
------------------------------
By: NICHOLAS J. CAMERA
Vice President,
General Counsel
and Secretary