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Focus Media jumps on offer to go private
Shares of Focus Media (FMCN) spiked Monday after the Chinese company said it is considering a $3.7 billion deal to go private from a group of investors that includes its CEO Jason Nanchun Jiang. The...
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Muddy Waters bets against first U.S. company
Muddy Waters may be best known for spotting fraudulent accounting practices across Chinese companies, but the short-selling firm has made its first call against a U.S. company. Muddy Waters, run by...
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