On October 12, 2009
Publicis Explains $20M Discrepancy in Razorfish Acquisition
Publicis has offered an explanation for why it said Razorfish was profitable on revenues of $380 million when Microsoft later produced numbers showing it was making a loss on revenues of $360 million. The discrepency comes from accounting differences between Publicis and Microsoft, Publicis’ investor relations unit tells BNET.
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