Think New Thinks Anew
A potential victor has emerged among the suitors interested in buying Think New Ideas, New York. Sources said AnswerThink Consulting Group, Miami, has offered $22 a share for the integrated marketing firm. A deal could close this week. In recent months sources have tapped back-end company i-Cube, Cambridge, Mass., and agencies Modem Media.Poppe Tyson, Norwalk, Conn. and Razorfish, New York as suitors. Think declined comment. Calls to AnswerThink were not returned by press time.
Clarant Forms With a Bang
Former CBS execs and technology vets have formed Clarant Worldwide, a Dallas-based firm planning to acquire eight Internet-based agencies and technology companies. They include: Young & Rubicam's Brand Dialogue; Interactive8; Align Solutions; Free Range Media; Integrated Consulting (aka I.Con Interactive); Multimedia Resources; Potomac Partners Management Consulting; and RSI Group. Clarant has also filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock.
Sony Signs New Deals
Sony Online Entertainment, New York, signed 11 new advertisers to its Web site network. They include: Citibank; Entertainment Weekly; General Motors' Oldsmobile and GMC Truck divisions; Gillette; J.C. Penney; MGM; Pepsi; Showtime Networks; GT Interactive Software; Intel; and Kellogg's.
Dobbs Departs for Space
CNNfn president and Moneyline anchor Lou Dobbs resigned last week. Dobbs, who joined CNN, Atlanta, at its inception in 1980, will launch Space.com, a Web site devoted to news and entertainment related to outer space.