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Stock Market & Financial Investment News

News Breaks
September 28, 2012
09:40 EDTSSRX3SBio retains Jefferies as financial advisor to review proposal
3SBio announced that the special committee of independent directors has retained Jefferies & Company as the Independent Committee's financial advisor. As previously announced, the company's board formed the Independent Committee to review and evaluate the preliminary non-binding proposal from its chairman and chief executive officer, Dr. Jing Lou, and CPEChina Fund, L.P., to acquire all of the outstanding shares of the company's common stock not currently owned by Dr. Lou and his affiliates.
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May 24, 2013
05:38 EDTSSRX3SBio shareholders approve amended merger agreement
3SBio announced that, at an extraordinary general meeting, the company's shareholders voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger dated February 8, among Decade Sunshine Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands, Decade Sunshine Merger Sub, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a direct wholly owned subsidiary of Parent, and the company, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of April 24, pursuant to which Merger Sub will be merged with and into the company, with the company surviving the merger as a wholly-owned subsidiary of Parent, and to authorize and approve all transactions contemplated by the Amended Merger Agreement, including the Merger.

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