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Alibaba's Youku Tudou Purchase Just The Latest In High Premium M&A Deals
Friday, November 6, 2015 - 11:20am | 441Alibaba Group Holding Ltd (NYSE: BABA) has agreed to acquire Youku Tudou Inc (ADR) (NYSE: YOKU) in an all-cash deal. Alibaba will pay Youku shareholders $27.60 per ADS, representing a 49.9 percent premium to the volume-weighted average closing price of Youku’s issue during the three...
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Chinese Media Stocks Mixed After Alibaba-Youku Tudou Buyout
Friday, October 16, 2015 - 12:53pm | 494Shares of Youku Tudou Inc (ADR) (NYSE: YOKU) soared higher by more than 20 percent. Alibaba Group Holding Ltd (NYSE: BABA) announced its intention to acquire the remaining stake in Youku it doesn't already own for $26.60 per ADR. Shares of Chinese media firms surged in sympathy. Shares of Youku...
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Brean Capital Reviews Changyou, Sohu Earnings
Tuesday, April 28, 2015 - 7:28am | 405Changyou.Com Ltd (NASDAQ: CYOU) and Sohu.com Inc (NASDAQ: SOHU) both reported quarterly results on Monday after market close. On Tuesday, Brean Capital's China Consumer and Internet analyst Fawne Jiang opined on both earnings reports. Changyou.com: Mobile On Track, PC Lackluster According to Jiang...