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CDH Investments Withdraws from Consortium Bidding for Focus Media

Dow Jones Newswire, 12/07/12

Chinese private equity firm CDH Investments has dropped out of a consortium looking to take Chinese digital media operator Focus Media (Nasdaq: FMCN) private, according to Dow Jones Newswire. The estimated value of the deal is USD 3.7 bln.

Editor's Note: For more background on this topic, please see "Focus Media Appoints Advisors for "Going Private"" MD 8/23/12 issue.

Keywords: financing Focus Media television CDH Investments FMCN out-of-home display delist

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