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Stock Market & Financial Investment News

News Breaks
February 8, 2013
05:25 EDTHOGSZhongpin enters into amended, restated merger agreement with Golden Bridge
Zhongpin announced that the terms of the previously announced definitive agreement and plan of merger by and among Golden Bridge Holdings, Golden Bridge Merger Sub, a wholly owned subsidiary of Golden Bridge Holdings, and Xianfu Zhu, the company's chairman and CEO, dated as of November 26, 2012 and amended on January 14, 2013, have been amended and restated. The amended and restated agreement and plan of merger provides that each share of the company's common stock issued and outstanding immediately prior to the effective time of the merger will be converted into the right to receive $13.50 in cash without interest.
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