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MWM

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MWM

Re: None

Friday, 12/07/2012 10:31:16 AM

Friday, December 07, 2012 10:31:16 AM

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FMCN CDH Investments has dropped out of an investor consortium that is trying to take Focus Media Holdings(Nasdaq: FMCN) private, according to Dow Jones. The group said in August that it wanted to acqire the Chinese ad company for $3.7 billion, and included Carlyle Group, FountainVest Partners, China Everbright and Focus Media's chairman. It is unclear what CDH's exit means for the deal, or who would pick up its $200 million equity commitment. www.focusmedia.cn



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