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Airmedia Group Inc (AMCN.O)

AMCN.O on Nasdaq

1.33USD
19 Jan 2018
Change (% chg)

$0.01 (+0.76%)
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Latest Key Developments (Source: Significant Developments)

AirMedia Announces Enterprise Strategic Transformation
Tuesday, 16 Jan 2018 08:00am EST 

Jan 16 (Reuters) - Airmedia Group Inc ::AIRMEDIA GROUP - INITIATING STRATEGIC TRANSFORMATION FROM A AIRPORT ADVERTISING CO TO AVIATION & RAILWAY, LONG-HAUL BUS INTERNET SERVICES CO.AIRMEDIA GROUP INC - CO TO FOCUS ON PROVIDING A SERVICE EXPERIENCE AND INTERNET SERVICES FOR PASSENGERS OF AIRLINES AND RAILWAYS, LONG-HAUL BUS.  Full Article

AirMedia Announces Termination Of Going Private Transaction
Wednesday, 27 Dec 2017 06:00am EST 

Dec 27 (Reuters) - AirMedia Group Inc ::AIRMEDIA ANNOUNCES TERMINATION OF GOING PRIVATE TRANSACTION.AIRMEDIA GROUP INC - ENTERED INTO A TERMINATION AGREEMENT WITH AIRMEDIA HOLDINGS LTD. AND AIRMEDIA MERGER COMPANY LIMITE.AIRMEDIA GROUP INC - ‍NO TERMINATION FEES WILL BE PAYABLE BY EITHER PARTY.AIRMEDIA SAYS ENTERED INTO TERMINATION AGREEMENT TO TERMINATE ANNOUNCED MERGER AGREEMENT IF GOING PRIVATE TRANSACTION WOULD NOT BE COMPLETED BY DEC 31.  Full Article

Airmedia enters into Amendment No. 5 to merger agreement for going private transaction
Tuesday, 31 Oct 2017 07:04am EDT 

Oct 31 (Reuters) - Airmedia Group Inc :Airmedia enters into Amendment No. 5 to merger agreement for going private transaction.Airmedia - ‍Dan Shao, Qing Xu proposed to provide real properties owned by one of them an alternative collateral and security to merger arrangement​.Airmedia Group Inc - ‍entered into merger agreement amendment No. 5 to reflect alternative collateral and security​ offered by Buyer Group.  Full Article

Airmedia enters into amendment no. 4 to merger agreement for going private transaction
Monday, 31 Jul 2017 08:00am EDT 

July 31 (Reuters) - Airmedia Group Inc :Airmedia enters into amendment no. 4 to merger agreement for going private transaction.Airmedia Group Inc - under amendment, parent termination fee has been increased from us$5.32 million to us$10.64 million.Airmedia Group Inc - deal price reduced from $3.00 per share or $6.00 per ads to $2.05 per share or $4.10 per ads.Airmedia Group Inc - ‍parent termination fee has been increased from us$5.32 million to us$10.64 million​.Termination date of merger agreement has been extended from july 31, 2017 to december 31, 2017.  Full Article

Airmedia enters into amendment no. 3 to merger agreement for going private transaction
Wednesday, 28 Jun 2017 06:30am EDT 

June 28 (Reuters) - Airmedia Group Inc :Airmedia enters into amendment no. 3 to merger agreement for going private transaction.Airmedia Group Inc- special committee is evaluating revised proposal with assistance of its financial and legal advisors.Airmedia Group Inc - special committee of board received proposed amendment from Herman Guo Man Dan Shao and Qing Xu.Airmedia Group- merger agreement amendment no. 3 extends termination date to July 31, 2017 so as to give special committee sufficient time to consider revised proposal.Says ‍special committee received proposed amendment to merger agreement from buyer group on May 23, 2017​.Airmedia Group - under terms, either co or parent could terminate merger agreement if merger contemplated by deal not been completed by June 30, 2017.Airmedia - special committee received revised proposal from buyers on May 23 to buy co shares not already owned by them for $4.00/ADS or $2.00/share in cash.  Full Article

Airmedia enters into amendment to merger agreement for going private transaction
Monday, 27 Jun 2016 05:00am EDT 

Airmedia Group Inc : Airmedia enters into amendment to merger agreement for going private transaction . Under terms of agreement, either co or parent could terminate merger agreement if merger is not completed by June 28, 2016 .Airmedia enters into amendment to merger agreement for going private transaction.  Full Article

BRIEF-AirMedia Announces Enterprise Strategic Transformation

* AIRMEDIA GROUP - INITIATING STRATEGIC TRANSFORMATION FROM A AIRPORT ADVERTISING CO TO AVIATION & RAILWAY, LONG-HAUL BUS INTERNET SERVICES CO