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TanMan7272

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TanMan7272

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Wednesday, 06/03/2015 12:34:11 PM

Wednesday, June 03, 2015 12:34:11 PM

Post# of 16405
Focus Media's Backdoor Listing Valued at $7.4 BillionWednesday 06/03/2015 08:45 AM ET - Dow Jones News
Chinese ad company Focus Media, which came under fire from short seller Muddy Waters before it was delisted from Nasdaq, is relisting in China in an over $7 billion transaction, nearly doubling the payoff from Carlyle Group and other investors that took it private two years ago.
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