Focus Media to acquire Allyes for $300 million to expand ad reach - Instablogs

Focus Media to acquire Allyes for $300 million to expand ad reach - Instablogs

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Focus Media to acquire Allyes for $300 million to expand ad reach

Balendu , Delhi: Mar 5 2007

Made Popular Mar 5 2007

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Focus Media Holding Ltd., China’s third-largest advertising company by ad revenue, announced that it has agreed to buy leading Chinese online advertising firm Allyes Information Technology Co. Ltd. for as much as $300 million, assuming profit...

Tags: Ad Agency, Focus Media, Allyes, Business

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