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Isoftstone Holdings Ltd enters into definitive merger agreement for going private transaction


Friday, 18 Apr 2014 04:33pm EDT 

Isoftstone Holdings Ltd:Enters into definitive agreement and Plan of Merger with New iSoftStone Holdings Limited (Parent) and New iSoftStone Acquisition Limited.Pursuant to which Parent will acquire iSoftStone for $0.57 per ordinary share.Or acquires at S$5.70 per american depositary share, each representing ten shares.Immediately after the completion of the Transaction, Parent will be beneficially owned by Tianwen Liu, the Chairman and Chief Executive Officer of the company. 

Company Quote

5.54
0.05 +0.91%
21 Jul 2014