The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
ACQUISITION
FDN Database Reference: F231109-251
Acquirer: Shanda Interactive Entertainment Limited (NasdaqGS: SNDA)
ACQ Web: http://www.snda.com/EN/investor/overview.html
Location: China, Shanghai
Region: Asia
Description: Interactive entertainment media company
Category: Media: Games: Entertainment
Contact 1: Tianqiao Chen, Chairman of the Board and Chief Executive Officer
Vendor: Ku6.com
Vendor Web: http://www.ku6.com/
Location: China
Region: Asia
Description: Web2.0-based online video website
Category: Video sharing
Contact 1: Mr. Shanyou Li, Chief Executive Officer
Aprox. Value: $44,000,000
Details: Shanda Interactive Entertainment Ltd. has agreed to acquire a 58% stake in Chinese video sharing website Ku6.com for $44 million.
Link: PE Hub
Leave a comment