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Shanda said to buy Ku6.com online video website--FILE--Screen shot taken in Shanghai, China, on 30 June 2008 shows the website of online video provider Ku6.com. NASDAQ-listed Shanda Entertainment is reported to have reached an agreement with Beijing-based online video website Ku6.com to acquire the company through shares of a Shanda subsidiary in a deal estimated at US$44 million, industry sources said. It was the first merger and acquisition transaction in the Chinese online video industry, which has struggled for years for profitability, industry insiders said. Shanda will acquire Ku6.com through a share swap via its listed subsidiary Hurray! Holdings. ( automatický překlad do češtiny ) ( zobrazit originální popisek v angličtině ) | ||
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