Comment on Zhejiang Daily To Buy Two Companies From China's Shanda Interactive

Zhejiang Daily To Buy Two Companies From China's Shanda Interactive

Zhejiang Daily Media Group,?? a large and rising state-controlled media company in China, plans to buy two businesses from Shanda Interactive, the online gaming and entertainment company controlled by Chinese billionaire Chen Tianqiao that delisted from the Nasdaq earlier this year. The plans were disclosed in an announcement on April 6.??

 

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