China Online Game Pioneer Shanda Soars 14% After Privatization Offer |
October 17, 2011 | October 2011 Bond Updates |
Shares in Shanda Interactive, one of China’s largest and oldest online game and entertainment concerns, soared by 14.5% after the company said chairman Chen Tianqiao made a non-binding offer to buy all shares that he or his family don't currently own. |
View more at: http://www.forbes.com/sites/russellflannery/2011/10/18/china-online-game-pioneer-shanda-soars-14-after-privatization-offer/ |