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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:04 EDTAMCNAirMedia raises Q4 revenue to $81M-$83M from $77M-$80M, one estimate $78M
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July 6, 2015
06:18 EDTAMCNAirMedia special committee appoints advisors
AirMedia Group announced that a special committee of independent directors of the company's board has retained Duff & Phelps and Duff & Phelps Securities as its financial advisor and Kirkland & Ellis as its international legal counsel. As previously announced, the company's board formed the Special Committee to consider a "going-private" transaction for $3.00 in cash per ordinary share or $6.00 in cash per American depositary share, proposed by Herman Man Guo, chairman of the board and CEO of the company, on behalf of himself and management of the company, in a preliminary non-binding proposal letter, dated June 19.
June 29, 2015
16:35 EDTAMCNHerman Man Guo reports 16.0% stake in AirMedia
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