China Mass Media International Advertising (CMM) Files $150M IPO

July 14, 2008 1:07 PM EDT

China Mass Media International Advertising Corp. (NYSE: CMM) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $150 million. The company plans to list on the NYSE under the stock symbol "CMM".

The offering is being made through Merrill Lynch, BMO Capital, Oppenheimer and Piper Jaffray.

China Mass Media is an independent television advertising company in China. The company provides a full range of integrated television advertising services, including advertising agency services, special events services to China Central Television, or CCTV, and production and sponsorship services.


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