Country Style Cooking (CCSC) Reports Q2 EPS of RMB0.10

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Country Style Cooking (CCSC) Announces Receipt of $5.23/ADS 'Going Private' Proposal

August 14, 2015 7:52 AM EDT

Country Style Cooking (NYSE: CCSC) announced that its Board of Directors (the "Board") has received a non-binding proposal letter, dated August 14, 2015, from Ms. Hong Li, Co-Founder and Chairwoman of the Board, Mr. Xingqiang Zhang, Co-Founder, Chief Executive Officer and Director of the Company, and Sky Success Venture Holdings Limited, proposing a "going-private" transaction (the "Transaction") to acquire all of the outstanding ordinary shares of the Company not already owned by Ms. Li, Mr. Zhang and Sky Success Venture Holdings Limited or their respective affiliates for... More