M&C Saatchi shares sink on latest profit warning, accounting woes
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(Reuters) - Shares in M&C Saatchi Plc plunged around a half in value on Wednesday after the ad agency issued its second profit warning in less than three months due to an accounting scandal. The accounting review related to several units in the company's UK business overstating income and receivables, among others, and M&C said it would restructure its UK operations."This restatement of our numbers and the reduction in forecasts make for very difficult reading," said Chief Executive David..