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Microsoft Reportedly Looks to Sell Razorfish
Microsoft(MSFT Quote) is looking to sell Internet ad agency Razorfish and French marketing company Publicis Groupe is thought to be a potential buyer, the Financial Times reports.
Microsoft bought Razorfish in 2007 as part of its $6 billion acquisition of Aquantive. The software company has hired Morgan Stanley to help it find a buyer for Razorfish, which used to go under the name Avenue A Razorfish.
The Financial Times reports that one analyst estimates Razorfish could be worth $600 million to $700 million. ...
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