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In China, Go-Private Movement Gains Heft.
- Source :
-
Wall Street Journal - Eastern Edition . 6/18/2015, Vol. 265 Issue 141, pB1-B8. 2p. 1 Color Photograph. - Publication Year :
- 2015
-
Abstract
- The article discusses a trend involving offers to take U.S.-traded Chinese companies private. According to the article, Internet-services provider Qihoo 360 Technology Co. received a buyout offer valued at over $9 billion from a group that included Qihoo chairman and chief executive officer (CEO) Zhou Hongyi in June 2015. The article states that gains in the Chinese stock market was fueling the go-private trend. The article also discusses offers for companies such as WuXI Pharma-Tech (Cayman) Inc., Homeinns Hotel Group, and Renren Inc.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 265
- Issue :
- 141
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 103278453