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Dentsu wants deals? No surprise there (from Corporate Dealmaker)

Dentsu Inc. reportedly bid $700 million for Microsoft Corp.'s (NASDAQ:MSFT) Razorfish digital marketing unit in August, only to lose out to a $530 million bid from Publicis Groupe SA. The reason, reportedly, was that Dentsu, Japan's largest ad agency, lacked the U.S. commercial presence to compete with the five-year strategic...

Posted on September 3, 2009 10:07 AM

Microsoft's McAndrews heads to Madrona (from Corporate Dealmaker)

Brian McAndrews, who spent eight years as CEO of aQuantive Inc., led its acquisition of Razorfish Inc. and negotiated the company's $6 billion sale to Microsoft Corp. (NASDAQ:MSFT) in August 2007, joined Seattle's Madrona Venture Group as a managing director. McAndrews left Microsoft in January after the transition of aQuantive...

Posted on August 17, 2009 11:27 AM

FT: Morgan Stanley hired for Razorfish sale (from Corporate Dealmaker)

A Financial Times report said Microsoft Corp. (NASDAQ:MSFT) tapped Morgan Stanley (NYSE:MS) to find a potential buyer for Razorfish, its digital agency, in a deal that could be worth around $600 million to $700 million. Microsoft gained Razorfish -- which designed the logo for new search function Bing -- when...

Posted on June 29, 2009 11:35 AM