They have abandoned their 35 billion deal to create the worlds biggest advertising company. Both Companies Say they could not overcome obstacles that delayed the process. For more, lets get right to Martin Sorrell. Thank you very much. How are you . I am good, thank you. Are you feeling a sense of schadenfreude today . I would not know how to spell that. Anyway, i do not think we are surprised. Thingy 7, when the whole was announced, we said it was strategically and structurally challenged with regulatory problems. Surprised with the speed with which it fell apart. We thought it would go through to july 27, when the 500 million feet would lapse 5 million fee would lapse and both parties could walk away with their tails between their legs. I think we said it was strategically and structurally challenged and that has proven to be the case. Or martin, when i started in business many years ago, i was always told that there is no such thing as a merger of equals. Does this prove the point .
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