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China's Sina Buys Ad Business for $1 Billion in Stock
The company that runs one of China's most popular Internet portals, Sina, on Monday agreed to buy a nationwide digital advertising network including LCD displays, poster frames and in-store sign boards from Focus Media in a deal worth over US$1 billion.
Tue Dec 23 00:10:10 2008
China's Sina.com buys ad firm for $1 billion
Sina Corp., a major Chinese Web portal, is venturing outside the Internet with a $1 billion-plus acquisition of most of a leading advertising firm, Focus Media.
Mon Dec 22 19:08:58 2008
China's Sina to Buy Ad Firm Focus Media
Sina is venturing outside the Internet with a $1 billion-plus acquisition of most of advertising firm Focus Media.
Mon Dec 22 23:21:17 2008
Sina, a Major Internet Portal in China, Buys Core Businesses of Ad Company
The Sina Corporation, one of China?s biggest Internet portals, said it would acquire a large piece of Focus Media for about $1 billion in stock.
Mon Dec 22 15:27:26 2008
China's Sina Buys Ad Business for $1 Billion in Stock
Sina pays over US$1 billion in stock for part of Focus Media's digital advertising business.
Tue Dec 23 00:42:02 2008