PFD agency taken over

The talent and literary agency Peters Fraser & Dunlop (PFD) is being taken over by Matthew Freud and the agent Michael Foster, reports The Guardian.

PFD, from whom many agents and clients moved to form a new agency, United Agents, in 2008, will be part of a new agency, The Rights House.

The move represents the denouement of a series of internal upheavals, more labyrinthine perhaps than any that could have been devised by one of its distinguished authors. PFD, based in Covent Garden, London, was rocked three years ago by the mass defection of many of its agents amid accusations of bad faith following a long-simmering row with its then CSS Stellar, a US sports agency. It has struggled to recover ever since.