Lei: Grand Internet privatization can open up hands and feet to do big things

Sina Science and technology news Beijing time of October 17, in response to Chen flyover to seek privatization Shanda Network (micro-BO) news, Millet founder, Jinshan software (micro-BO) Chairman of the LEI (micro-Bo) published a commentary said, Shanda has several listed companies, there is no shortage of financing channels.　　If the parent company succeeds in privatizing, there is no stock market or public pressure to do something big. The Royal network announced late this evening that Chen submitted a proposal for privatization, will be a share of the United States depository shares of 41.35 U.S. dollars (equivalent to 20.675 U.S. dollars per share) of cash acquisition Chen, Chen wife Luo Qianqian (Shanda network non-executive director), and Chen flyover brother Danian (Shanda Network COO and director)　　The remaining full circulation shares of the Royal network are not yet held. As of September 30, 2011, the three people held a grand network of 68.4% of the circulation of shares. According to the proposal, the Chen family would have to buy the remaining 31.6% per cent of the U.S. depository stock at $41.35, a premium of 24% over the 33.48-dollar closing price of the grand Internet in Friday. In this calculation, the Chen family will pay 736 million dollars. (Xiaoran) to share: