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Stock Market & Financial Investment News

News Breaks
May 22, 2014
06:39 EDTKUTVKu6 Media regains compliance from NASDAQ
Ku6 Media announced that the company received a letter, dated May 21, from The Nasdaq Stock Market stating that the company has regained compliance with NASDAQ Listing Rule 5250(c)(1) by filing its annual report on Form 20-F for the fiscal year ended December 31, 2013 on May 15. Because the company was able to regain compliance with NASDAQ Listing Rule 5250(c)(1) before the deadline NASDAQ had established for the company to submit a plan for regaining compliance, the company is no longer required to submit such a plan to NASDAQ.
News For KUTV From The Last 14 Days
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February 5, 2016
08:36 EDTKUTVKu6 Media selects legal and financial advisors to study Shanda's proposal
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February 2, 2016
08:32 EDTKUTVKu6 Media forms special committee to consider 'going private' proposal
Ku6 Media announced that in response to the preliminary non-binding proposal letter dated February 1, 2016 received by the company's board from Shanda Interactive Entertainment Limited, the controlling shareholder of the company, to acquire the company in a "going private" transaction, the Board has formed a special committee of independent directors who are not affiliated to any member of the Proposing Buyer. The Special Committee intends to retain its own independent financial advisor and legal counsel to assist it in its evaluation.
February 1, 2016
06:14 EDTKUTVKu6 Media receives non-binding acquisition proposal from Shanda Interactive
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