May 1, 2018 / 2:50 PM / 25 days ago

BRIEF-China Media To Buy Stake In Vehicle Intelligent Technology Firm

May 1 (Reuters) - China Media Group:

* SAYS IT REVISES ASSET RESTRUCTURING PLAN, TO BUY STAKE IN VEHICLE INTELLIGENT TECHNOLOGY FIRM FOR ABOUT 3.0 BILLION YUAN ($473.75 million) VIA CASH, SHARE ISSUE Source text in Chinese: bit.ly/2jjYEAf Further company coverage: ($1 = 6.3325 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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