Chinese online game developer Shanda Games Ltd said that it has agreed to be taken private by Capitalhold Ltd and its unit Capitalcorp Ltd in a deal valued at US$1.9bil (RM6.90bil).
Capitalhold will pay US$3.55 (RM12.89) per ordinary share and US$7.10 (RM25.79) per American Depositary Share for Shanda, which is at a premium of 46.5% to Shanda's 30-day average trading price.
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