Silver Lake Buys Focus Media Division
Silver Lake Partners has agreed to acquire a 62% indirect equity stake in Allyes Online Media Holdings, the Internet subsidiary of Focus Media Holding Ltd. (Nasdaq: FMCN). The deal is valued at $124 million.
Silver Lake Partners has agreed to acquire a 62% indirect equity stake in Allyes Online Media Holdings, the Internet subsidiary of Focus Media Holding Ltd. (Nasdaq: FMCN). The deal is valued at $124 million.