LJ International (JADE) trading halted with news pending
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LJ International (JADE) Announces $2/Share 'Take-Private' Deal
March 22, 2013 10:43 AM EDTLJ International, Inc. (NASDAQ: JADE) entered into an agreement and plan of merger with Flora Bloom Holdings, a Cayman Islands exempted company with limited liability, and Flora Fragrance Holdings Limited, a business company with limited liability incorporated under the laws of the British Virgin Islands and a wholly-owned subsidiary of Parent, pursuant to which Parent will acquire the Company for US$2.00 per ordinary share of the Company.
This transaction price represents a 24.2% premium over the closing price of the Company's ordinary shares on August 10, 2012, the last trading day prior to the Company's... More
