iMeigu Capital Offers Higher Counter Offer For Dangdang Buyout

A little-know investment firm has submitted a higher counter offer to buyout and take New York Stock Exchange-listed E-Commerce China Dangdang Inc. private, says an announcement. iMeigu Capital Management Ltd. says it has submitted a preliminary non-binding proposal to acquire all of the outstanding shares of Dangdang in an all-cash transaction for US$8.8 per American […]

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Read the original article: China Money Network