Focus Media News
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Short-seller Carson Block’s charge that Olam International Ltd. will fail, his first attack on a Singapore company, is a victory for shareholders after it made the commodity trader more responsive to investors.
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An investor in Focus Media Holding Ltd. dropped a lawsuit seeking to block the Shanghai-based advertising company’s $3.7 billion buyout by Carlyle Group LP.
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Acquisition lending in Asia tripled in the first quarter as banks chased higher-yielding assets to offset a slump in other syndicated financing, prompting borrowing costs to fall.
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After four years leading U.S. government efforts to prosecute financial crime, Lanny Breuer is returning to his former law firm.
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Focus Media Holding Ltd., the Shanghai-based advertising company, was sued with its top management by a U.S. pension fund seeking to stop a buyout led by Carlyle Group LP.
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Eresearch Technology Inc. increased the size of a term loan and Chinese advertising company Focus Media Holding Ltd. received commitments for its borrowing as investors pour money into funds that buy floating-rate debt on concern that interest rates may rise.
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Muddy Waters LLC, whose analyst reports triggered $7 billion in losses for Chinese stocks, used an unlikely secret weapon for its research: the public website of the U.S. Securities and Exchange Commission.
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Focus Media Holding Ltd. denied assertions from short seller Carson Block, saying a report that drove the shares down 39 percent yesterday reflects a misunderstanding of the company’s business.
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Focus Media Holding Ltd., a Chinese advertising company, agreed to be bought by a consortium of investors led by Carlyle Group LP in a $3.7 billion deal that will be the country’s largest leveraged buyout.
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New Oriental Education & Technology Group Inc. rose the most since July in New York as a buyout offer for Chinese tutoring firm Ambow Education Holding Ltd. fueled speculation the bigger company may also be targeted.
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