Focus Media Holding Ltd. (FMCN) sinks on reports of SEC probe
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Focus Media (FMCN) Moves Off Lows; Carlyle Group 'Comfortable'
January 24, 2013 2:37 PM ESTFocus 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.... More
Focus Media (FMCN) Sinks as SEC Probes Raises Deal Concerns
January 24, 2013 12:01 PM ESTFocus Media Holding Limited (NASDAQ: FMCN), which is in a deal to be taken private, is seeing weakness mid-day on reports the SEC is probing potential "violations" of securities law.
According to Bloomberg, the SEC is focusing on the purchases and resale of... More
