CAA-ICM merger delayed amid justice dept scrutiny
The acquisition, announced in September, was initially planned to close by the end of 2021 but is now anticipated for Q2 2022
News By IQ | 17 January 2022
CAA’s merger with ICM Partners has been delayed while the US department of justice (DOJ) investigates its impact on the entertainment industry. The acquisition, announced in September, was initially planned to close by the end of 2021 but is now anticipated for Q2 2022, sources say.
The deal, if approved, will bring together two of the leading global agencies in entertainment and sports. The agency landscape would then consist of what US outlets are calling ‘the big three’ – CAA, WME,…
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