AirMedia (AMCN) Approached by PE Firms, But No Plans to Go Private

August 31, 2012 9:53 AM EDT
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AirMedia Group Inc. (NASDAQ: AMCN) is seeing upside following a DealReporter story that private equity firms approached the company. However, in an interview with CEO Herman Guo he said the company has no attention of going private.

Shares of AMCN are up 3.5 percent.

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