Acorn International: Passing the Yuan Part II
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
December 18, 2007|
In my first
article on Acorn International (NYSE:ATV) I questioned whether the $30MM
stock buy-back plan initiated December 4 was in fact in shareholders’ interest. I
noted the proximity of this date to the end of the six-month lock-up period
specified at the time of the IPO in May 2007.
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