Focus Media (FMCN) to resume trading after takeover
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- SpaceX shares fall as second lockup period ends
- Supermicro probe finds no senior management link to export violations
- Werewolf Therapeutics sells platform assets to EMD Serono for $33M
Muddy Waters' Block Comments on Focus Media (FMCN) Deal
December 19, 2012 3:18 PM ESTMuddy Waters' Carson Block is commenting on the Focus Media Holding Limited (NASDAQ: FMCN) merger today.
In an emailed statement, Block said he wishes U.S. regulators would ask "hard questions" on the deal and notes that U.S. markets would... More
Focus Media (FMCN) Being Taken Private, Sale Price of $27.50 Per Share
December 19, 2012 1:44 PM ESTFocus Media Holding Limited (Nasdaq: FMCN) announced today that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Giovanna Parent Limited ("Parent") and Giovanna Acquisition Limited ("Merger Sub"), pursuant to which Parent will acquire Focus Media (the "Transaction") for US$5.50 per ordinary share of the Company (a "Share") or US$27.50 per American depositary share, each representing five Shares (an "ADS"). This amount represents a premium of 17.6% over the Company's closing price of US$23.38 per ADS on August 10, 2012, the last trading day prior to August 13, 2012, the date that... More
Focus Media Holding (FMCN) to go private at $27.50/share
December 19, 2012 1:42 PM ESTFocus Media Holding (Nasdaq: FMCN) to go private at $27.50/share... More
Focus Media Holding Ltd. (FMCN) close to approving buyout offer of $27.50/share - WSJ
December 19, 2012 12:29 PM ESTFocus Media Holding Ltd. (Nasdaq: FMCN) close to approving buyout offer of $27.50/share - WSJ... More
Focus Media Holding Limited (FMCN) halted, news pending
December 19, 2012 9:31 AM ESTFocus Media Holding Limited (NASDAQ: FMCN) halted, news pending... More
Focus Media Holding (FMCN) Sees Action on Word of Higher Bid
December 19, 2012 9:23 AM ESTFocus Media Holding Limited (NASDAQ: FMCN) is seeing action on reports of a higher $30/share bid.
Some are greeting this news with a grain of salt as there appears to be issues getting financing for the current, lower amount.
Shares last traded at 5.6% to $25.23.... More
