Hundred-vision response 2.7 billion to buy the game rumors: only in the engagement phase

Tencent Science and Technology (Lotte) news, July 22, hundred-Vision New Media Co., Ltd. (stock code: 600637) today issued a notice to clarify the merger of the 2.7 billion yuan where the game rumors, said the two sides of the company's intention to contact the initial stage of cooperation. Hundred-video response 2.7 billion to buy the game rumors: only in the contact stage is understood, a few days ago, the media reported that the hundred-vision is in contact with the game to negotiate the acquisition intention, the latter and intermediary agencies reported a high price of 2.7 billion yuan. The media also pointed out that all the players were just a video game company. The company has seen a number of recent, high-level even and Shanghai, a large game companies contact. The media speculated that the blockbuster layout game business could be strategically helpless, saying that the blockbuster, which relies on IPTV, has met the growth ceiling. In the strategic business of Internet TV (OTT) is still in its infancy, new media advertising, mobile TV can not become the core of the main force of the background, the need to excavate a growth opportunity, the game into a breakthrough. In this regard, the company said in a notice today that companies invest in foreign investment (acquisition, sale of assets, etc.) have strict, standardized management mechanisms and decision-making procedures. In the process of foreign investment (acquisition, sale of assets, etc.), the company and the relevant parties to the industrial chain to conduct day-to-day business contacts, does not represent the company into foreign investment (acquisition, sale of assets, etc.) decision-making process. According to the company, the cooperation intention of the two parties is only at the initial stage, and there is still a significant uncertainty in the matter from the company's management mechanism and decision-making process. The company will fulfill the information disclosure obligation of the matter in time. By the company's board of directors verification, the company strictly in accordance with the relevant provisions of the disclosure of information obligations, there is no disclosure should not disclose matters. It is noteworthy that this year has been a number of enterprises to the game company to carry out mergers and acquisitions, Huayi Brothers recently issued a notice to buy a veteran hand tour developer Guangzhou Silverside part of the stake. Earlier, the palm of the fun technology 810 million to buy mobile network pioneer, Datang Telecom to nearly 1.7 billion to buy Guangzhou to play and other news released. A-share listed companies to the game in pursuit of the degree of the day, the game company's value also with the rise. All the shares of listed companies with the concept of gaming stocks soared. A-share listed online games company in the Green treasure is considered to be a "demon stock", once owned nearly 355 times times the P/E, 5.5 billion yuan of the total market value, so that many U.S. listed online gaming companies.