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Phoenix Communications Inc to Divest Advertising Planning and Media Agency Business into New Subsidiary

Wednesday, 20 Nov 2013 12:55am EST 

Phoenix Communications Inc announced that it has decided to divest its advertising planning and media agency business into a new wholly owned subsidiary, namely PHOENIX MEDIA Co.,Ltd. The transaction effective date and registration date are expected to be January 1, 2014 and January 8, 2014, respectively. 

Company Quote

-250.0 -3.13%
29 Dec 2014