A group of buyers signed an equity transfer agreement to acquire an unknown minority stake in Focus Media Information Technology Co., Ltd. (SZSE:002027) from a group of sellers on April 29, 2015. Focus Media Technology (Shanghai) Co., Ltd.'s stockholders approved for the transfer of its stake on April 29, 2015. On May 8, 2015, Shanghai Municipal Commission of Commerce approved the transfer.

A group of buyers completed the acquisition of an unknown minority stake in Focus Media Information Technology Co., Ltd. (SZSE:002027) from a group of sellers on May 21, 2015.