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Wanda Sports Group Completes Initial Tender Offer and Delisting
Wanda Sports Group, 2/01/21
Wanda Sports Group ("the Company"), a China-based global sports events, media and marketing platform, today announced the completion of the initial tender offer (the "Offer"), launched by Wanda Sports & Media (Hong Kong) Holding Co. Limited on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of the Company, with no par value (the "Class A Ordinary Shares"), including all Class A Ordinary Shares represented by American depositary shares of the Company ("ADSs"). Read More
Wanda Sports Group Receives Preliminary Non-Binding Proposal to Acquire the Company
Wanda Sports Group, 9/30/20
Wanda Sports Group Company Limited (the "Company") (Nasdaq: WSG), a China-based global sports events, media and marketing platform, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated September 30, 2020 (the "Proposal Letter"), from Wanda Sports & Media (Hong Kong) Holding Co. Limited (the "Proposing Buyer"), a wholly-owned subsidiary of Dalian Wanda Group Co. Ltd., to acquire all of the outstanding Class A ordinary shares of the Company (the "Class A Ordinary Shares"), including American depositary shares representing Class A Ordinary Shares ("ADSs," with every two ADSs representing three Class A Ordinary Shares), for USD 2.50 in cash per ADS, or USD 1.67 per Class A Ordinary Share (the "Proposed Transaction"). Read More
BesTV Wins English Football New Media Broadcasting Rights
Shanghai Stock Exchange, 7/01/13
Shanghai Media Group subsidiary BesTV New Media (600637.SH) has announced that it has obtained the mainland China new media broadcasting rights for seasons 2013/2014 through 2018/2019 of the English Premier League football (soccer) league. Read More
Rumor: Watercooler China Job Posting Spawns Facebook Rumor
Marbridge Consulting, 4/14/10
Industry sources have revealed to Marbridge that Facebook's rumored China entry plans may have been spawned from misinterpretation by Chinese media of a recent job posting from an unrelated social game developer. Read More
NBA China Digital Media Director Joins Watercooler
Marbridge Consulting, 3/29/10
Former NBA China Digital Media Director Andy Lee has left the company to join social game developer Watercooler, where he will serve as Managing Director of Asia and lead the establishment of Watercooler's new international offices in Beijing. Read More
GoodMedia Completes Focus Media Subsidiary Merger
Sina Tech, 1/05/09
Fitness center media operator GoodMedia has announced that on December 31 it completed a merger with Focus Media (Nasdaq: FMCN) subsidiary Sports Media. Read More
Rumor: Focus Media to Sell Subsidiary to GoodMedia
Economic Observer, 12/06/08
A rumor is circulating that digital media firm Focus Media (Nasdaq: FMCN) will sell its fitness center media subsidiary Sports Media, which it bought in March of this year, to GoodMedia. Read More
Sohu Expects Reduced Revenue Growth in 2009
Reuters, 6/20/08
Chinese online media firm Sohu (Nasdaq: SOHU) expects core advertising revenue to grow 45% this year, due to the Olympics, but has warned that growth may slow down to around 20-30% in 2009. Read More
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