Digital Media Group

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China video Media announced today

China Video Media (NASDAQ:VISN) announced today the company has entered into a confidential settlement with Oak Capital, the Gobi investment and the shareholders, with a view to properly resolving a series of legal actions by the Chinese media in the New York State High Court and the Cayman Grand Court for the acquisition of digital Media Group. The following is the original text of the Chinese media announcement: The Chinese media ("Company") and its subsidiary Vision Best (hereinafter collectively known as "Chinese media"), and oak investment ...

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