Friday, April 29, 2016

Li guoqing was accused by privatization of arbitrage when all announcements

Beijing times

(Reporter Shi Zhijun) recently, a letter entitled "open letter to when when the Board of Directors of" circulating on the Internet, in which he explicitly accused the company of privatization is to carry. Yesterday afternoon, the company response to the matter, declined to comment, said the Board will only receive the privatization offer, all notices shall prevail. The aviation industry from Gao Lengfan to citizen

This seal open letter by micro-Bo users "dare do deserve" released, he claiming to be is Dang Dang of shareholders, prepared long-term investment Dang Dang, in open letter in the, person on Dang Dang CEO Li guoqing and Chairman Yu July 9 in United States stock opened zhiqian submitted of each unit 7.8 dollars of privatization plans was anger, "this price not only serious underestimated Dang Dang company of value, also greatly damage has Dang Dang shareholders of interests. "" The buyout offer has a strong nature speculative and arbitrage ", open letter said Li guoqing, and Yu wanted to use the time difference of Sino-US stock markets, when shareholders as a counterparty for arbitrage.

Dangdang was announced, the company has received from the Chairman of the Board Yu, CEO Li guoqing composed "buyers Union" of the buyout offer. Under the offer, buyers Alliance plans to share United States depository shares (ADS) 7.812 dollars in cash, acquiring all the issued ordinary shares of which it is not held, dangdang July 8 closing premium 20%.

In this regard, e-commerce analysts said Lu Zhenwang, privatization offer from majority shareholders for approval before it can take effect, while the price is an important factor whether privatization will not pass. If adopted by the General Assembly of shareholders, regulators would review of the privatization programme.

(Beijing times Shi Zhijun)

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