The industry's observed person said that Shanda acquires from 19.5% of the equity, which may trigger the acquisition of Sina, and attract the US network industry giant Yahoo (Yahoo).
Analysts pointed out that Sina is likely to be unaware of the probabilistic capital of $ 23 billion. This message is announced in the United States on Saturday. Shanda said in the filing document submitted to the US Securities and Exchange Commission (SEC), the company may consider continuing to increase or acquire Sina shares in the future.
If you acquire it into a row, China will born the first real sense of the Internet and wireless business giants. In 2004, its consolidated camps reached 365 million US dollars, and dominated in multiple key business in online games and wireless SMS services. .
Sina has issued a short declaration on weekends, saying that it has been informed of equity acquisition, but the company's female spokesperson has not further commented. The grand executives failed to be contacted immediately.
Analysts believe that after the New York market is resumed, Sina shares rose due to the acquisition message. Shanda share price is also likely to rise, but it is estimated that it will be much gentle. In the past two weeks, Sina stock prices have been frustrated because they expect the first quarter business bleak.
Fence and breakfast
DBS Vickers analyst Wallace Cheung pointed out that all parties of Shanda and other interested parties may secretly touch the Sina Board in the coming days to discuss potential acquisition proposals. He also said that in addition to grand, Yahoo is obviously the most interested acquisition, and the company has set up an online auction joint venture with Sina.
CHEUNG said, "Even with a grand 20% of the stakes, it is still very long way to completely control Sina."
However, Henry Yang, General Manager, Shanghai, said that the non-Chinese bidding purchaser like Yahoo is a detailed review of the Chinese government, because Sina is a news publisher, and China's media market is strictly controlled by the government.
Morgan Datong analyst Dick WEI pointed out that if Sina is acquired, it will greatly enhance its share of its share in China's search market through Sina's well-known portal, and can also increase its online auction city share through Sina and Yahoo joint venture. He predicts that after the two companies merge, this year's revenue is expected to reach around $ 450 million.
The DBS analyst CHEUNG pointed out that Shanda moved to margin the industry's expectation. At the time of growth in China's online media market, the main participants are looking for business opportunities for expanding their business.
