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Lawsuit Overview
Mar. 15, 2013 (Shareholders Foundation) -- A lawsuit was filed by an investor in shares of Focus Media Holding Limited (ADR) (NASDAQ:FMCN) in connection with the proposed takeover of Focus Media Holding Limited at $27.00 in cash per American depositary share, or $5.40 in cash per ordinary share. The plaintiff alleges that the board of directors violated the Securities Exchange Act of...
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