San Francisco
- Microsoft (NASD: MSFT) has hired Morgan Stanley to help it sell off Razorfish, the digital
ad agency it acquired as part of a $6 billion deal back in 2007, the Financial
Times reported.
French marketing firm Publicis Groupe has been rumored to be a
potential bidder.
Seattle-based Razorfish counts around 2,000 employees.
The
company was valued by one analyst polled by FT at $600-$700 million, based on
$400 million in reported sales last year.
Related Links:
http://snipurl.com/l4j9s
(Financial Times)
http://www.razorfish.com
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