Palm Interesting technology announcement reorganization plan, set up the domestic game company acquisition record

On the evening of February 15, palm Fun Technology announced the reorganization plan, the company intends to issue shares and cash by the way of mergers and acquisitions 100% Equity, Tianma time and Space 80% Equity, upstream information 30% Equity, the total transaction price reached 4.304 billion yuan, the value of the domestic game company's acquisition record.

Because of Tencent, Millet is the acquisition of the Crystal think move, Tianma time and space of the shareholders, the transaction completed, Tencent, millet not only can get a part of the cash income, will also hold the interest of technology stocks, to become the fourth and the tenth largest shareholders, accounting for 1.45% and 0.56% of shares.

The palm of the technology acquisition of three companies, trading on the price of up to 4.304 billion yuan, set a domestic game industry acquisition of the amount of records.

The acquisition of 4.3 billion yuan on the price, 1.95 billion will be paid through cash, the remaining 2.35 billion will be through to the original shareholders of the three companies to pay the shares, the price of 15.58 yuan per share, the total issue of 150 million shares of the technology.

In addition, the company will issue to no more than 5 qualified investors to raise supporting funds, the amount of 1.07 billion yuan, no more than 25% of the total amount of the transaction.

The acquisition of the crystal-thinking move, Tianma time and space, the company behind the background of Tencent and Millet respectively. Tencent's industry holds 18% equity Stakes, while Tencent's legal representative, Ningyu, is the chief operating officer of Tencent, a wholly-owned subsidiary of Millet, which holds a 10% per cent stake in Tianma time and space. After the completion of the transaction, Tencent industry will be 174 million yuan, and access to the palm of the technology 1.45% of the equity, Millet will be set up 87.17 million yuan, and won the interest of 0.56%.

Tencent, Millet also participated in the crystallization of thinking and the performance of the Tianma time and space betting. That is, when the above two companies in the next three years of profit below the commitment value, Tencent, Millet and the company's original shareholders to compensate for the palm of the fun technology.

The technology says the acquisition of Tianma time and space, crystal think move, the company will be "national Bubble War", "The Miracle of all" two boutique hand tour, but also strengthen the depth of cooperation with the first line of channels, is expected through micro-mail, mobile phone QQ further strengthen the company's gaming products social properties.

(Original title: Palm Fun technology mergers and acquisitions three games company)