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Under a consent order, Valassis was barred from engaging in similar conduct. [4] In 2007, Valassis's purchased Advo, a direct-mail marketer, for $1.2 billion. Valassis had sued to get out of the acquisition, saying it had found problems with Advo's financial figures, but the purchase was completed. [4]
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Insignia is one of three companies in the United States (the other two are Valassis Communications and News America Marketing) that control almost all the in-store ads and grocery coupons in the United States. [2] The company is broken into two parts, the first of which maintains a relationship with retailers for placing signs in stores. [3]
He was promoted to executive vice president and chief operating officer of Valassis in 1986, then to chief executive officer in 1989. [11] During his tenure as CEO, Brandon organized Valassis's initial public offering in 1992 at $11.34 per share. [12] Fortune selected Valassis as one of the 100 best companies to work for in 1997, 1998, and 1999 ...