Grand Sale Cool 6 Media 41% shares

Summary: According to cool 6 media submitted by the SEC file, Shanda Network sold Cool 6 media 41% of the shares, so that the founder of Sky viewable Xu Xudong became cool 6 of the largest shareholder. The purchase price of the deal will be based on the market price of cool 6 in the first 7 business days

According to cool 6 media submitted by the SEC file, Shanda Network sold Cool 6 media 41% of the shares, so that the Sky viewable founder Xu Xudong a cool 6 of the largest shareholder. The purchase price of the deal will be based on the market price of cool 6 in the first 7 business days and the close of cool 6 on the day of acquisition. The deal is expected to be completed by April 30, 2014.

Since the year before the repurchase of shares began, Shanda has been cool 6 biggest shareholders, currently holding 70.5% of the equity, and after the acquisition, Xu Xudong will be a 41% stake in Cool 6 of the largest shareholder. It is worth mentioning that the entire acquisition has not been the capital flow, Xu Xudong mainly through the loan to complete the acquisition, and loans are beneficially owned by all the cool 6 shares as collateral.

It is unclear whether the acquisition is a simple equity transfer or a strategic agreement between Shanda and Sky viewable to link Xu Xudong's ispeak with video. As a voice video file Chat tool, Ispeak once famous, but after the game with YY gradually fade out of people's vision. However, according to the grand version, cool 6 is still independent operation, but Xu Xudong will certainly join the board, and for the network video industry to bring a strong force, others temporarily do not respond.

In addition, Xu Xudong created by the Sky viewable because there are lei and Zhou investment shares and attracted much attention, the outside world also speculated that "the acquisition behind the Lei and Zhou Shadow." However, Zhou on Weibo to respond, he said: "I do not understand why Xu Xudong, I and Lei should not be ispeak shareholders, do not have to do a profound interpretation." ”