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VS&As team of investment banking professionals specializing in the advertising and marketing industry, have recently completed such notable transactions as: SOFTBANK Holdings sale of its stock of SOFTBANK Interactive Marketing to ZULU-tek (Formerly Netmaster Group, Inc.); the merger of a leading global loyalty marketing company -- The Lacek Group with a wholly owned subsidiary of Neodata Services; and the acquisition of the assets of American Passage Marketing Corporation by Network Event Theater.

Although all of the 1997 actual data are not yet available, preliminary information indicates that overall advertising spending growth in 1997 exceeded the 8.7% rate of 1996.

To learn more about VS&A's financial advisory services, contact:

Hal Greenberg,
Managing Director

Christopher Russell,

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