VisionChina, meanwhile, has 82,349 digital television displays on mass transportation systems in 18 cities in China. In the deal, VisionChina will gain access to DMG's 34,000 digital screens across 32 subway and high-speed train lines and bus shelters. The acquisition, which has been approved by the two companies' boards of directors, is slated to take effect in the first quarter of 2010, with the financial transaction to take place in three instalments over two years through an exchange of both cash and stocks.
