Aggregated China Media News & Blogs



Shanda Sells Sina Shares

Aggregated Source: ChinaTechNews.com
February 8, 2007|

Chinese online game company Shanda (SNDA) will sell an aggregate of 4,000,000 ordinary shares of Sina.com (SINA), representing an net proceeds of approximately US$129,600,000. The sale of the Sina.com shares is expected to be completed on or about February 13, 2007. Following the sale, Shanda will continue to hold 2,118,278 SINA shares, representing approximately 3.9% of [...]

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