Focus Media (FMCN) Moves Off Lows; Carlyle Group 'Comfortable'

January 24, 2013 2:37 PM EST
Focus Media Holding Limited (NASDAQ: FMCN) is moving back toward the flatline following earlier reports of a SEC probe. Carlyle Group told Bloomberg they are comfortable with the deal.

Carlyle said they are aware of the SEC probel and are moving ahead.

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