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CJ E&M Corp Updates Plan of Merger with Subsidiary

Wednesday, 4 Sep 2013 01:36am EDT 

CJ E&M Corp announced that it has updated its plan of merging with one broadcasting subsidiary, ORION CINEMA NETWORK,INC, with the Company to survive and the subsidiaries to be dissolved, which was initially announced on August 21, 2013. The merger rate of the Company and the subsidiary was amended from 1: 0.6514056, to 1: 0.6485944, and 795,565 new shares will be issued for the merger. 

Company Quote

300.0 +0.79%
26 Nov 2014