Brief: Phoenix Media Investment Announces Disposal OF 32 Pct Stake In Cayman Co By Phoenix New Media Ltd
March 25 (Reuters) - Phoenix Media Investment (Holdings) Ltd
2008.HK :
* CONSIDERATION OF 32 PERCENT STAKE US$448 MILLION
* EXPECTS TO RECOGNIZE GAIN ON DISPOSAL OF ABOUT HK$2,293
MILLION
FOR FY
* ANNOUNCES DISPOSAL OF 32% STAKE IN CAYMAN CO BY PHOENIX
NEW
MEDIA LIMITED
Source text for Eikon: ID:nHKS7zXTqP
Further company coverage: 2008.HK
((Reuters.Briefs@thomsonreuters.com;))
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