US EditionFocus Media To Buy Elevator Advertising Specialist Xianchao
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Focus Media To Buy Elevator Advertising Specialist Xianchao
Shares of Focus Media Information Technology leaped after China’s largest outdoor advertising firm revealed plans to acquire elevator ad peer Xinchao Media Group for CNY8.3 billion (US$1.1 billion), marking a strategic expansion into residential advertising, Yicai Global reports. The deal complements Focus Media’s current portfolio, which includes a vast network of digital screens and poster… The post Focus Media To Buy Elevator Advertising Spec…
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