Displaying posts tagged with

“M&A”

Aug
15
2009

FT: Pessimism on WPP’s outlook

D’oh:
http://www.ft.com/cms/s/0/52711156-8907-11de-b50f-00144feabdc0.html?ftcamp=aud/uspartnerships/widget/netvibes/&nclick_check=1
I’ve always admired WPP’s boldness in pursuing digital investments and willingness to try new business models. Unfortunately, in this downturn, it’s become harder for those bets to pay off.

Aug
9
2009

Publicis buys Razorfish

The news came out Sunday that Publicis purchased Razorfish from Microsoft for $530M. Good deal for Microsoft: by shedding the agency, their online advertising business can focus entirely on advertising enablement, with assets like Bing, Atlas, AdECN & MSN. There are some rumors that they turned down a higher offer from Dentsu, but that [...]