Charm Communications gets $183 mln buyout offer from founder

September 30, 2013

Sept 30 (Reuters) - China-based advertising agency Charm Communications Inc said it received a buyout offer from founder and Chief Executive He Dang, valuing the company at $183 million.

The cash offer of $4.70 per American depositary share represents a premium of 17 percent to Charm's Friday closing on the Nasdaq.