Youku Tudou (YOKU) Inc. and Tudou Holdings Limited (TUDO) Complete Merger

August 23, 2012 4:20 PM EDT
Youku Tudou Inc. (NYSE: YOKU), and Tudou Holdings Limited (Nasdaq: TUDO) ("Tudou") today announced the completion of the merger between Tudou and Two Merger Sub Inc. , a wholly owned subsidiary of Youku, pursuant to the agreement and plan of merger , dated March 11, 2012.

As a result of the Merger, Tudou has become a wholly owned subsidiary of Youku. Youku's name was changed from "Youku Inc." to "Youku Tudou Inc." at the effective time of the Merger.

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