Marbridge Daily

<- November 13, 2007 ->

Focus Media Denies Rumor of PCPOP Acquisition

Oriental Morning Post, 11/13/07

Focus Media has emphatically denied rumors that the company has purchased PCPOP for RMB 120 mln. Focus Media VP Ji Hairong indicated that the firm has no intention to purchase PCPOP, and there has been no contact between the companies.

 

Keywords: Focus Media, FMCN, M&A, PCPOP, out-of-home display

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