HUYA Inc. (HUYA) Announces Receipt of Preliminary Non-Binding Proposal from Tencent
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Huya Announces Receipt of Preliminary Non-Binding Proposal from Tencent
August 10, 2020 7:14 AM EDTGUANGZHOU, China, Aug. 10, 2020 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated August 10, 2020, from Tencent Holdings Limited ("Tencent"), proposing that Huya and DouYu International Holdings Limited ("DouYu") enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya or its subsidiary would acquire each outstanding ordinary share of DouYu, including ordinary shares represented by American... More
DouYu Announces Receipt of Preliminary Non-Binding Proposal from Tencent for Strategic Combination of DouYu and Huya
August 10, 2020 7:00 AM EDTWUHAN, China, Aug. 10, 2020 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated August 10, 2020, from Tencent Holdings Limited, proposing that DouYu and HUYA Inc. ("Huya") (NYSE: HUYA) enter into a stock-for-stock merger, as a result of which Huya or its subsidiary would acquire each outstanding ordinary share of DouYu... More
JOYY Inc. Announces Transfer of Shares of HUYA Inc. to Tencent
August 10, 2020 7:00 AM EDTGUANGZHOU, China, Aug. 10, 2020 (GLOBE NEWSWIRE) -- JOYY Inc. (Nasdaq: YY) (JOYY or the Company), a global video-based social media platform, today announced that, JOYY has entered into a definitive share transfer agreement with Linen Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited (Tencent), pursuant to which JOYY will transfer 30,000,000 Class B ordinary shares of HUYA Inc. (NYSE:... More
