Dangdang rose 10% on Wednesday before receiving U S stock tender offer

sina science and technology news Beijing time on March 9th evening news, in front of the transaction, Dangdang (NYSE:DANG) shares rose. As of 21:27 Beijing time, Dangdang shares rose $0.69 to $7.3, or up to 10.44%.

this afternoon, according to PR Newswire reports, I stocks has announced to the presentation on Dangdang full cash acquisition of non binding offer all of its outstanding shares, the purchase price per ADS8.8 dollars, compared with the previous management of internal bid price higher than 12.6%. (Li Nan)

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