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Publicis And Razorfish Close To Deal?

  • Reuters, Thursday, August 6, 2009 10:48 AM
Publicis Groupe SA has long been the front-runner to buy Microsoft Corp's digital ad agency Razorfish. Citing an unnamed source close to the deal, the French ad company has bid $500 million to $600 million for Razorfish. Microsoft, for one, hasn't even confirmed it wants to sell Razorfish, despite numerous reports on a sale process. Last month, Publicis head Maurice Levy said Razorfish would be "nice to have."

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