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Stock Market & Financial Investment News

News Breaks
February 28, 2013
10:38 EDTSVN7 Days Group enters definitive merger agreement for going private transaction
7 Days Group announced that it has entered into a definitive Agreement and Plan of Merger with Keystone Lodging Holdings Limited, a wholly owned subsidiary of Holdco, and Keystone Lodging Acquisition Limited, a wholly owned subsidiary of Parent, pursuant to which Parent will acquire the Company for $4.60 per ordinary share or $13.80 per American Depositary Share, each representing three ordinary shares.
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