Martin Sorrell Outbids WPP in $350 Million MediaMonks Deal as Legal Fight Continues

Martin Sorrell's little peanut just got a whole lot bigger. Today the former WPP CEO's new holding group, S4 Capital, confirmed widespread rumors that it has agreed to acquire digital production company MediaMonks in "a transaction that seeks to create the digital platform of the future." Multiple reports list the price of the deal at...