Aug 31, 2009
Chinese online game operator Shanda (Nasdaq: SNDA) is rumored to have completed acquisition of Chengdu-based gaming company Simo Technology. The rumors quote sources as saying the company sold for no less than RMB 140 mln; Shanda has not confirmed the rumor.
Editor's Note: In a telephone interview with Marbridge, a Shanda spokesperson confirmed that Shanda had completed the acquisition of Simo in July.
SendingThe information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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