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Stock Market & Financial Investment News

News Breaks
May 23, 2014
04:55 EDTXUE, XUEXueda Education management to meet with Jefferies
Meeting to be held in Hong Kong on May 30 hosted by Jefferies.
News For XUE From The Last 14 Days
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May 20, 2015
07:34 EDTXUEXueda Education retains financial advisor and legal counsel
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May 19, 2015
16:23 EDTXUEXueda Education sees Q2 non-GAAP EPS 17c-19c, consensus 26c
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16:13 EDTXUEXueda Educ' reports Q1 non-GAAP EPS 2c, may not compare with one estimate (4c)
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May 15, 2015
08:51 EDTXUEXueda Education forms special committee to evaluate previously disclosed bid
Xueda Education Group announced last night that its board has formed a committee of independent directors to evaluate the preliminary non-binding proposal letter dated April 20 from Insight Investment Co., a Chinese company listed on the Shenzhen Stock Exchange, to acquire all of the company's outstanding shares. Each of the co-founders of the company currently intend to form a consortium with Insight Investment in connection with the proposal. The founders currently beneficially own, in the aggregate, shares of the company representing approximately 58.8% of the issued and outstanding shares of the company, Xueda noted.

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