Petsky Prunier News

If Facebook conducts an IPO in mid-2012 as expected, the ad holding company Interpublic Group will be cheering, thanks to a $5 million investment it made in the startup back in 2006.

Digital marketing and advertising continued to generate intense interest in 2011.

There were 3,026 transactions totaling $141.6 billion this year in the marketing, media, technology and service industries, with the number of deals jumping 187% compared with 2010, according to investment banking firm Petsky Prunier LLC .

Mergers and acquisition value in the marketing, media, technology and services industries increased 9% to $43.4 billion in the third quarter of 2011 compared with Q2, according to a transactions report from investment bank Petsky Prunier .

Mergers and acquisition activity in the marketing, media, technology and services industries totaled $18.7 billion in May, according to a transactions report from Petsky Prunier , an investment bank.