Perfect World joins consortium for Shanda Games take-private
Chinese online game developer Perfect World has joined a consortium of investors seeking to privatize its rival Shanda Games in a deal that values the company at $1.9 billion.
According to a regulatory filing, Perfect World will pay $100 million in cash to acquire 30.3 million Class A Shanda Games Shares from its controlling shareholder Shanda Interactive Entertainment at $3.30...
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