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Divided gathered to merge
PAGE \* MERGEFORMAT 11
Divided gathered to merge
Focus Media (NasdaqNM: FMCN) and Target Media (Targetmedia Holding.co) has finally given up already hit on the stage of the competition, in Shanghai on January 9 publicly announced the two companies merged. According to previously made public the agreement on the Nasdaq, Focus Media will donate 94 million U.S. dollars in cash and 231 million newly issued shares for the merger.
The move to Nasdaq investors are temporarily relieved as the merger is so nervous about the trouble they had together to eliminate - the two companies selling line of highly similar (both in high-traffic commercial installation of flat lots display products for customers for advertising) is finally not in the same market to seize the site - it’s but two Chinese companies! Focus on Namibia and the city’s share price up again proves that investors are satisfied with this shake hands.
Meanwhile, the merger of the two high-level Focus Media CEO Jason Jiang and Focus is currently co-chairman Yu Feng (former Target Media CEO) also expressed confidence in the merger - even though these two very different personalities in Shanghai will How to work together may be a question mark, but they have come up with enough sincerity, said after the completion of the merger the new Focus will also have a new surprise to investors. During this week, our reporter an exclusive interview with the southern spring and Yu Feng, a comprehensive analysis of the merger between the two causes, details of the talks and market influence.
Know the rootZhidi
Focus and the mob is almost in the last three years of ‘war’ in the rapidly expanding at the same time together. Protracted competition is because the two companies chose from when creating almost identical profitable - at the senior commercial buildings, apartment buildings and bars, cinemas, places such as hotels flying high-definition LCD TV, circular broadcast media advertising.
This ‘almost homogeneous Yeta
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