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Fosun Becomes Sina's Second Largest Shareholder
Modern Express, 12/26/08
Chinese digital media firm Focus Media (Nasdaq: FMCN) has indicated investor Fosun International Limited is continuing to purchase Focus Media shares, with its stake increasing from 13.33% to 16.78%, becoming the largest single shareholder in Focus Media, and the second largest shareholder in Sina (Nasdaq: SINA). Read More
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