Tencent Holdings and private equity partner Hammer Capital have offered $16 per share in cash to take the New York-listed Bitauto Holdings private, the Chinese car comparison site announced on Sept. 13.
The offer represents a 16.4% premium to the stock’s closing price on Sept. 12.We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Reuters cbeddor SaveKishmir
cbeddor It is very good buy Tencent offer $16 the high for this share was over $75 before , so it is bargain .