Dangdang Receives Revised Lower Offer From Management

DAngdangNew York Stock Exchange-listed E-Commerce China Dangdang Inc. says it has received a revised lower bid from the company's chairman Peggy Yu Yu and chief executive officer Li Guoqing to acquire all outstanding shares not already owned by them at US$6.50 in cash per American Depositary Share (ADS). The new price is 17% lower than […]


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