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Jun
29
2009
Microsoft has finally decided to sell off its interactive ad portal, Razorfish. Reports state that its current worth is in the range of $600 Million to $700 Million. WPP Groupe had shown interest in acquiring it for as much as $800 Million but eventually took a bow when recession hit the economic market, however it is possible that the same group may acquire it but probably at a lower price than it had offered. Let’s see what price is fetched for the ad firm and who actually throws the bid for its acquisition.
Tags: finance, microsoft, razorfish
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