Posts Tagged ‘fmcn’

Focus Media To Sell Stake In Allyes To Silver Lake For $124M

Focus Media (FMCN), the China-based digital media company, said it has agreed to sell its 62% stake in , a provider of online advertising services, to the investment firm Silver Lake for $124 million in cash. The company said that certain other Allyes Full story

Focus Media Sells Internet Division Allyes to Silver Lake

SHANGHAI, July 30 /PRNewswire-Asia/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's leading digital media group today announced that they have entered into a definitive share purchase agreement with Silver Lake, a global leader in private Full story
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