eLong (LONG) Posts Q2 Loss of $1.58/ADS

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eLong (LONG) Announces $18/ADS 'Going Private' Offer from Tencent Holdings

August 3, 2015 6:03 PM EDT

eLong, Inc. (Nasdaq: LONG) announced that its Board of Directors has received a preliminary non-binding proposal letter, dated August 3rd, 2015, from Tencent Holdings Limited, proposing a "going-private" transaction to acquire all outstanding ordinary shares of eLong, Inc. not already beneficially owned by TCH Sapphire Limited which is... More