Aegis Closes Digital Shop Farfar in Sweden

Staff at Farfar today were toldthe legendary Swedish digital ad agency is closing, five years after the four founders sold it to Aegis Group and it became part of the company's Isobar digital network.

The last of the four founders, Matias Palm-Jensen, quit in March, speeding up an exodus that had already started for Farfar staff. Drained of much of its senior talent, the agency is expected to be wound down over the next four or five months as client projects are completed, and it will be shut down for good this summer.

http://adage.com/globalnews/article?article_id=143186