|
|
News Breaks | | | | December 28, 2011 | | 08:11 EDT |  | CRIC, EJ | CRIC in definitive merger agreement with E-House relating to going private
China Real Estate Information Corp., or CRIC, (CRIC) announced that it has entered into an Agreement and Plan of Merger, dated Dec. 28, with E-House China Holdings (EJ) and CRIC China Holdings Ltd., a newly-formed Cayman Islands company and a direct wholly-owned subsidiary of E-House. Upon the successful consummation of the transaction contemplated by the Merger Agreement, Merger Sub will be merged with and into the company and the company will become a wholly-owned subsidiary of E-House. E-House to buy outstanding company shares for $1.75 cash, 0.6 E-House shares. E-House raises cash portion by 15c from prior proposal. Deal seen closing mid-2012. E-House currently owns 54.1% of oustanding CRIC shares. | |
|
News For CRIC;EJ From The Last 14 Days Check below for free stories on CRIC;EJ the last two weeks. |
|
|
| There are no results for CRIC;EJ |
|
|
|
|
|
|
