IQ News: Think Adds Seattle Firm To Its Growing Agency Stable

Think New Ideas, New York, has acquired Seattle-based Herring/Newman, an online and traditional media agency which last year had $55 million in billings.
Terms of the deal were not disclosed, and details were being solidified at press time. Think president and Chief Operating Officer Ron Bloom confirmed the company will now be known as Think Seattle, adding a Northwest branch to Think’s stable of offices in Los Angeles, Atlanta, San Francisco and Boston, where it acquired BBG New Media in November for $175,000 cash and 300,000 common shares.
“We’ve been looking at the Pacific Northwest for about a year,” Bloom said.