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Stock Market & Financial Investment News

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January 15, 2014
14:04 EDTASIAAsiaInfo-Linkage announces completion of Skipper merger
AsiaInfo-Linkage announced the completion of the merger contemplated by the previously announced agreement and plan of merger by and among the company, Skipper. As a result of the merger, merger sub merged with and into the company, with the company continuing as the surviving company after the merger as a wholly owned subsidiary of parent. Under the terms of the merger agreement, each share of company common stock issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive $12.00 in cash without interest. The company requested that trading of its shares of common stock on NASDAQ Stock Market be suspended and that the NASDAQ file a Form 25 with the Securities and Exchange Commission to delist and deregister the shares of company common stock. The company intends to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended, by promptly filing a Form 15 with the SEC.
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