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Grace Crocker and Chloë Loubser
Adweek reports that Dallas-based agency TM Advertising has announced that it will close. TM Advertising CEO Becca Weigman said that the closure came as a result of client cutbacks.
Weigman did not share how many employees were impacted by the decision, or the names of the clients. The agency was founded in 1934 as Glenn Advertising, then became Temerlin McClain in 1992 and was purchased by holding company Interpublic Group in 2001.
Read more on Adweek.