Digitas Inc. (NASDAQ: DTAS) today announced that a group of selling shareholders intends to offer a total of 15,000,000 shares of the Company's common stock in a public offering. The selling shareholders also intend to grant the underwriters an over-allotment option to purchase up to an additional 2,250,000 shares. The managing underwriters for the offering are Morgan Stanley & Co. Incorporated and Friedman, Billings, Ramsey & Co., Inc.
The selling shareholder group consists of Hellman & Friedman Capital Partners III, L.P., Michael Bronner, and certain of their affiliates.
A registration statement relating to these securities has been filed today with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Printed copies of the preliminary prospectus relating to the offering may be obtained, when available, from Morgan Stanley, Prospectus Department, 1585 Broadway, New York, NY 10036.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About Digitas
Digitas is recognized as a leading independent integrated marketing agency. Our unique combination of strategy consulting, technology consulting, and marketing agency services helps many of the world’s leading companies attract, retain, and grow the most profitable customer relationships in their industries.
In business for 23 years, we are proud to have long-term relationships with such clients as: Allstate, American Express, AT&T, Delta Air Lines, and General Motors. Digitas employs approximately 1,100 people and has offices in Boston, Chicago, London, New York, and San Francisco.

