The first video 168 million yuan to buy mobile phone game manufacturers

Source: Internet
Author: User
Keywords Acquisitions mobile games Joyce
October 12 Morning News, network Video Media Group, the first video last night in the HKEx issued an announcement that the price of 168 million yuan (HK $190 million) to acquire mobile gaming manufacturer Dragon Joyce Group 70%, of which 40 million Hong Kong dollars in cash form,  The remaining HK $151 million will be paid at 100,789,333-share price. The announcement shows that the first video with Dragon Joyce Group entered into a share purchase agreement on October 9, 2009, the acquisition of mobile phone game manufacturers Dragon Joyce Group 70% Stake,  The value of $168 million, of which HK $40 million is paid in cash, and the remaining HK $151 million will be paid at a price of HK $150 million, totalling 100,789,333 shares. The first video said that the acquisition will be the company and Dragon Joyce Group to bring greater synergies and opportunities, because the Dragon Joyce Group focused on low-cost domestic brand mobile phone market, its users through the mobile phone may become a timely color lottery products lottery enthusiasts, so dragon Joyce Group and the company's business in the strategic aspects of cooperation.
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