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China Mass Media files with US SEC for $150 mln IPO

Fri Jul 11, 2008 5:27pm EDT

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WASHINGTON, July 11 (Reuters) - China Mass Media International Advertising Corp on Friday filed with U.S. regulators on Friday to raise up to $150 million in an initial public offering of American depositary shares.

The company said in a filing with the U.S. Securities and Exchange Commission that Merrill Lynch & Co, BMO Capital Markets, Oppenheimer & Co, and Piper Jaffray are underwriting the IPO.

It plans to list the ADS on the New York Stock Exchange under the symbol "CMM" (CMM.N).

(Reporting by Karey Wutkowski, editing by Richard Chang)



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