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Rumor: VisionChina Media to Acquire Towona

21st Century Business Herald, 7/24/09

According to a source close to the transaction, out-of-home advertising company VisionChina Media (Nasdaq: VISN) is currently planning to acquire public transport digital media group Towona for USD 140 mln, but changing circumstances in the second half of the year have caused talks to stall. Read More

Baring Asia Invests USD 50 mln in Towona

Southern Metropolitan News, 2/18/08

Public transport digital media group Towona recently announced that it has landed USD 50 mln in third-round funding from Baring Asia Private Equity. Read More