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VisionChina Sues DMG for Financial Fraud The merger between VisionChina Media Inc. (Nasdaq: VISN), an operator of out-of-home advertising network, and Digital Media Group (DMG), a metro TV advertising network operator, which was nailed down one year ago, has changed dramatically. Yesterday,...

WPP (NASDAQ: WPPGY) announces that it has agreed to acquire all the assets of privately held Blue State Digital, LLC (BSD) in the United States and the United Kingdom through WPP Digital, the digital investment and operating arm of WPP.

Qiao Xing Universal Resources Inc (NASDAQ: XING) rose 14.39% to $3.10 in the pre-market session. XING had $517.69 million in total cash for the recent quarter. VisionChina Media Inc (NASDAQ: VISN) added 8.53% to $4.20 in pre-market trading. VISN and Focus Media Holding Limited (NASDAQ: FMCN) have...

VisionChina Media Inc. (Nasdaq: VISN) and Focus Media Holding Limited (Nasdaq: FMCN) today announced they have entered into a securities purchase agreement, pursuant to which Focus Media will purchase 15,331,305 newly issued common shares of VisionChina Media at a price of US$3.979 per share,...

Advertising titan, WPP Group Plc's (WPPGY) wholly-owned operating company, Grey recently entered into a definitive agreement to acquire major stake holding in Yolk Pte Ltd. The latter is one of the fastest-growing interactive and digital media networks in Asia. Based in Singapore, Yolk employs...

Advertising titan, WPP Group Plc's (WPPGY) wholly-owned operating company, Grey recently entered into a definitive agreement to acquire major stake holding in Yolk Pte Ltd. The latter is one of the fastest-growing interactive and digital media networks in Asia. Based in Singapore, Yolk employs...

VisionChina Media Inc. (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced that it, together with its wholly-owned subsidiary Vision Best Limited ("Vision Best"), commenced an action on December 27, 2010 against...

Advertising titan, WPP Group Plc's (WPPGY) wholly-owned operating company, Hill & Knowlton entered into a definitive agreement to acquire the major stake holding in Global Tanitim Halkla Iliskiler Arastirma ve Ozel Egitim ve Danismanlik Hizmetleri A.S. in Turkey. Global Tanitim is a public...

Advertising titan, WPP Group Plc's (WPPGY) wholly-owned operating company, Hill & Knowlton entered into a definitive agreement to acquire the major stake holding in Global Tanitim Halkla Iliskiler Arastirma ve Ozel Egitim ve Danismanlik Hizmetleri A.S. in Turkey. Global Tanitim is a public...

Shares of Focus Media Holding Limited (NASDAQ: FMCN) are lower on the session by 0.41%, trading at $21.83. Overall put volume is now running at 2.46x the daily average, with 11% of all puts traded being purchases on the offer. 1,614 contracts have traded on the session so far. Focus Media Holding...

Shares of Focus Media Holding (NASDAQ: FMCN) are higher on the session by 1.80%, trading at $22.64. Overall put volume is now running at 3.17x the daily average, with 3% of all puts traded being purchases on the offer. 2,222 contracts have traded on the session so far. Focus Media Holding Limited...

Auriga has a Buy rating and a $30 price target on Focus Media Holding Limited (ADR) (NASDAQ: FMCN). In a note sent to investors Auriga writes, "There was selloff of most China stocks yesterday with advertising stocks suffering the most, in our opinion: SINA (Buy) was down 3.7%, FMCN (Buy) down 5.2...

Omnicom Group Inc. (OMC) recently extended its multiyear $2.0 billion revolving credit facility for three years until December 2013. In the above agreement, Omnicom also has the option to increase its commitment from $2.0 billion to $2.5 billion. However, at the end of the third quarter of...

Omnicom Group Inc. (OMC) recently extended its multiyear $2.0 billion revolving credit facility for three years until December 2013. In the above agreement, Omnicom also has the option to increase its commitment from $2.0 billion to $2.5 billion. However, at the end of the third quarter of...