Monday, January 09, 2006

China/Advertising Space

AFX News Limited/Forbes.com: China's Focus Media to acquire top rival Target Media in 325 mln usd deal

"Nasdaq-listed Focus Media Holding Ltd, which offers advertising space on televisions in office buildings and stores, is to acquire rival Target Media Holdings Ltd in a deal worth 325 mln usd in cash and stock, Focus Media said in a statement."

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