The Grand game announced another change in its privatisation programme in Monday

Absrtact: Shanda Games announced another change in its privatisation programme in Monday. The statement, the Grand Game said has received Ningxia billion Lida Capital Investment Co., Ltd. notice, Ningxia billion Lida, Ningxia in the silver Velvet has been on March 16 and Dongfang (Hong Kong

The Shanda game announced another change in its privatisation programme in Monday.

Statement, the Grand Game said has received Ningxia billion Lida Capital Investment Co., Ltd. notice, Ningxia billion Lida, Ningxia in the silver Velvet has been on March 16 with Dongfang (Hong Kong), Dongfang Hong (Hong Kong) and Hao Ding International Consortium agreement, after the three have joined the Grand Game Privatization Consortium.

Ningxia billion Tatsu is a grand game is the current deputy CEO Zhang Yi and Ningxia in the silver velvet industry all the company, while the Ningxia in the silver velvet industry holds a grand game has issued shares of about 24%, accounting for about 40.1% of the total voting rights.

In addition, Dongfang (Hong Kong) and Oriental Hongzhi (Hong Kong) are all Oriental securities companies, Hao Ding International is Haitong securities all the company. Both sides are Shanda's existing shareholders, Oriental Securities and their affiliates hold 23% per cent and 8.7% voting rights, Haitong Securities and its affiliates hold about 20% per cent and 7.6% of the voting rights. Interestingly, both parties have joined the buyer's consortium in the previous grand-game privatisation program, but both withdrew from subsequent changes and joined again.

This is the 5th time since the launch of the grand game to privatize the buyer's consortium has changed. January 27, 2014, the Grand Group, Chun Hua Capital, led by the consortium to the Grand game of the non-binding privatization scheme, to the United States depository shares of 6.9 U.S. dollars to complete the privatization of grand games. In April, the perfect world joined the privatisation deal and bought some of the Shanda games with cash of 100 million yuan. Also involved in the transaction are FV investment Holdings, CAP IV indicators 2¥q.

More than six months later, September 2014, the privatization programme ushered in a second change. Chun Hua Capital, the perfect World, FV investment Holdings and CAP IV indicators 2¥q Quartet from the buyer's consortium, replaced by the Oriental Securities, Haitong Securities and Ningxia in the three sides of the silver cashmere industry.

At the end of November, the Grand group will hold the Grand game shares sold to Ningxia in the silver velvet industry and billion Li Shengda holdings. Among them billion Li Shengda's sole shareholder, is Zhang Yi and Ningxia in the silver Velvet Industry owns the company Ningxia billion Lida. Since then Shanda is no longer holding stakes in Shanda games and has withdrawn from the grand game privatisation-at least it seems.

Then in December, Ningxia Yili and Ningxia in the silver Velvet industry agreed to form a new consortium, the grand game to privatize. And then to today's Oriental securities, Haitong Securities to re-enter the Bureau.

There is analysis that the grand Game of privatization, in fact, after the return of the city after the backdoor return to a shares process. Privatization of the buyer's consortium in Ningxia China Silver Velvet Industry International Group is a a-share listed companies, and since August 2014, "is planning a major issue" for the suspension.

There are also those who think that Shanda's return to a shares may mean a grand game of ambition no longer. Between 2000 and 2008, Shanda undoubtedly ruled the Chinese online games that timed the charge. By 2008, the rise of Tencent, let Grand lost the first throne. Then 2010 years, 2012 grand game of revenue by NetEase, Sohu, respectively, become old four. The King of the year has now not even on the podium.

And from the Wall Street, the Chinese online gaming companies are not a minority. Before Shanda, the Giants had already started privatisation, and the perfect world had announced a 20-dollar privatisation proposal from chairman Chi on December 31, 2014, just over 2015 years earlier.

Wall Street's tall handsome rich still can't understand me to wait for cock silk to play of net swims.