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China Digital TV revises range

October 4, 2007
STV

China Digital TV Holding, which provides conditional access systems to China's digital television market, revised its price range in a filing with the SEC Thursday. The company now plans to offer 12 million ADRs at a price range of $13 to $15 per ADR, an 18.2% increase from the originally proposed $11 to $13 range. Morgan Stanley and Credit Suisse are the joint book runners on the deal.