Razorfish adds to Germany presence with Medialab AG

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Razorfish, a New York-based digital solutions agency, acquired Medialab AG, a Munich, Germany e-business solutions provider. The company will be renamed Razorfish Munich; all 55 Medialab employees will join Razorfish. The acquisition is valued at approximately $9.4 million. Razorfish will issue 446,080 shares of common stock and make a cash payment of approximately $1.4 million.

Copyright August 2000, Crain Communications Inc.

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