[Buyers] Focus Series KamSource:??? i horse text / staff reporter Hu Tsai-ping 张兆慧 REVIEW: Before the blue cursor spree, Focus Media is capsized shocking advertising media industry buyers. After 2005 the Nasdaq, due to the full purse, Focus almost 'Batch' to search for the winding up in various business areas to achieve a monopoly; such as Focus 2006 cut into mobile advertising, once the acquisition of Beijing Kaiwei point sue technology companies, including about ten mobile advertising company, to establish a Focus-based mobile wireless advertising business, mergers and acquisitions in the first year revenues of up to 150 million yuan. Focus founder NIKE KOBE IX Nike Air Max 2012 Jason Jiang was the slogan is 'light', to get the absolute right to speak in the market, to further control the market price, in order to increase company profits. Focus strategy is to Nike Air Max deal with a competitor to buy out the other side, some of the biggest rival all been drowned formula annexation, for example in terms of building advertising and Focus most hostility Shanghai Target Media. Jason Jiang said the acceptance of 'entrepreneurs' interview in 2011, a mob CEO and Yu Feng (now fund sponsors) about a meeting in Shanghai in preparation for peace talks to stop the vicious competition, Jason Jiang in Shanghai airport is already seeing Yu Feng, but because both companies adhere austere and bow bypass. Later in the road show on the eve Womens Nike KD VI gathering was JiangNaChun 'Hu stopped' to $ 325 Lebron James million acquisition. Also listed on the eve of the roadshow was to intercept Jason Jiang, as well as in-store advertising field Focus 'kill' the opponents CGEN; Focus several times resorted to price wars, but always CGEN financing from venture capital funds in place, Jason Jiang worried obtained financing market will CGEN leading position, thus replicate the experience gathered in late 2007 before the road show CGEN announced $ 168.4 million in cash to acquire 100% stake. Since the merger demand Nike Air Jordan 5 urgent, Focus has almost become a standard line M factory, many of the projects within a month of negotiations on a deal; gathering up a giant $ 325 million acquisition of the Nike Lebron 11 Elite scale, before and after the talk about three weeks. Business circles and even 'for the Focus business' slogan, Focus SALE know, to open the company to make Focus Buy, opened the company's purpose is not to start a business, but in order to Focus misappropriating. Jason Jiang also know Nike Air Foamposite One the 'White Wolf,' so his acquisition philosophy is 'do not buy, only buy resources, because people unreliable.' Until recently, he has advised the Sun Taoran, who will run, unreliable, only the resources to run not. The triumph of the acquisition strategy allows Focus from pre-IPO year $ 29.2 million in revenue, leapfrog to $ 507 million in 2007, up 17 times; about two ten million US dollars of profits from the previous listing, jumped to 1.44 in 2007 billion, up sevenfold. Focus is indeed a large part of the income to buy the company on the market, the share price will soon also November 6, 2007, the highest intraday price history to reach $ 66.3, $ 17 IPO price is almost four times. Focus acquisition crashes in Blue Dart founding shareholders acting in concert who signed the agreement, to accelerate market-ready in 2008. Then the '3.15 CCTV party' on the Focus Wireless has been accused of spam messages maker, and instantly become a target; one hundred million yuan in revenue brought only ten thousand yuan of profits, profits have been hurt not seen the last of Nike Hyperchaos Womens Nike Zoom Hyperflight PRM Shoes 2013 the southern spring All mobile advertising company in '315' after the bulk sale to one hundred million US dollars, from buy to sell lasted less than two years. In addition, the financial tsunami, advertisers overall heavy damage, not only Nike Air Zoom Flight The Glove to maintain CGEN losses, leading to gamble fails, terminate the acquisition agreement, Focus pay nearly two hundred million US dollars in cash boondoggle. November 10, 2008, the news came out, Focus shares fell in a single day from the $ 16.09 to $ 8.83, almost cut. Jason Jiang end of the year to accept the 'Entrepreneur' interview, expressed CGEN acquisition of Focus hit particularly intense. March 2007, Focus announced $ 70 million in cash and $ 155 million worth of common Nike Air Jordan 6 Women shares of Focus Media acquired online advertising company led by Zhu Hailong good Lord. Alibaba founder Jack Ma then sent a congratulatory message to Jason Jiang Cheap Nike Free Outlet said, Supra Skytop IV 'I believe the Internet advertising industry Jianghai junction allows unlimited reverie.' But the good Lord and the subsequent integration Focus is not smooth, the performance is not satisfactory, a number of the founding team members or company executives have fled the founder of competitive companies. July 2010, 62 per cent of sub-commanders that the good Lord equity of $ 124 million sold to Silver Lake Investment Group, indemnities appearance. In December 2012, when Jason Jiang 'Entrepreneur' dark horse camp taught the good Lord again lamented the acquisition is a major mistake. Let Jason Jiang sad case is one of the acquisition of the good Lord. 'Put on the red shoes, you can not stop, stop will be very bad.' Industry insiders commented. Jason Jiang later with poetic temperament deep self-reflection, that the error in the 'M \u0026 A and M \u0026 A,' more time thinking about the capital market reaction acquisitions, lost in the sounds sexy growth prospects, ignoring the customer needs. In recent years, Jason Air Jordan Outlet Jiang adhere in all public customer, has not heard of his lofty rhetoric acquisitions, stock price subsequently stabilized to near $ 30 Focus Media is also in late May this year, completed the privatization. Blue Dart now become a big buyer in the same industry by the attention, how to avoid repeating the mistakes of Focus seems to be the major task of Blue Dart.