China Mobile Games (CMGE) Tops Q1 EPS by 5c
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China Mobile Games (CMGE) Enters Merger Agreement with Pegasus Investment Holdings
June 9, 2015 8:30 AM EDTChina Mobile Games (NASDAQ: CMGE) announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Pegasus Investment Holdings Limited ("Parent") and Pegasus Merger Sub Limited ("Merger Sub"), pursuant to which Parent will acquire CMGE (the "Transaction") for US$1.5714 per Class A or Class B ordinary share, or US$22.00 per American depositary share, each representing 14 Class A ordinary shares ("ADSs").
Immediately after the completion of the Transaction, Parent will be beneficially owned by the affiliates of Orient Hongtai Zhihe (Beijing) Investment Management Co., Ltd. () (a subsidiary of Orient Securities Company Limited), ChangJiang Growth Capital... More
