Brief: Airmedia divests in two unprofitable product lines

Yueda Digital Holding

13/01/2015 12:00

Jan 13 (Reuters) - Airmedia Group Inc  AMCN.O : 
 * Announces divestiture of two unprofitable product lines 
 * Reached agreements with two media companies to divest its tv-attached digital 
   frames and airport digital tv screens business 
 * Reached agreement with Beijing tianyi culture development co, to sell 81% 
   equity of Beijing Airmedia jinsheng advertising co 
 * To transfer all assets, liabilities, managerial duties with regard to airport 
   digital tv screens business to jiacheng advertising 
 
 * Source text for Eikon  ID:nPn30jLX  
 
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