TOM Technology News February 18 (Beijing time on February 19) According to the latest report of foreign electricity, the Schedule 13D report submitted to the US Securities Exchange Commission according to the Grand Network, as of February 10, 2005, grand Network and Skyline Media Co., Ltd. through its controlling shareholders have obtained a shares of Sina's approximately 19.5% by the form of public market purchases.
Affected by the previous market rumors, Sina stocks will be high in the Nasdaq Securities Trading Market on Friday, up to $ 26.54. Sina stock closing time is charged at $ 25.60, rising 2.42 US dollars than the previous trading day, gains 10.44%.
Shanda submitted to the US Securities Exchange Committee at night showed that the company coordinated its Holly Media Co., Ltd., from January 12 to February 10, 2005, was obtained from the open market. Sina 19.5% shares.
Sina said in the current announcement that the grand acquisition purpose is to hold a large number of shares in the company, Shanda intends to seek business cooperation, including mergers and acquisitions.
