Brief: Cheer Holding Announces Receipt of Two Preliminary Non-Binding Proposals to Acquire All of Its Shares
05/11/2025 13:08
Nov 5 (Reuters) - Cheer Holding Inc CHR.O: CHEER HOLDING ANNOUNCES RECEIPT OF TWO PRELIMINARY NON-BINDING PROPOSALS TO ACQUIRE ALL OF ITS SHARES CHEER - GOT PROPOSAL FROM ZHONGSHENG DINGXIN INVESTMENT FUND MANAGEMENT (BEIJING) TO ACQUIRE ALL SHARES OF CO FOR $0.56 IN CASH PER CLASS A SHARE CHEER HOLDING INC: EXCEL ALLY VENTURES LIMITED PROPOSED TO ACQUIRE SHARES FOR US$0.52 IN CASH PER CLASS A SHARE CHEER HOLDING INC: BOARD WILL FORM A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO EVALUATE PROPOSED TRANSACTIONS, OTHER POTENTIAL ALTERNATIVES Source text: ID:nGNXcf9r8t Further company coverage: CHR.O ((Reuters.Briefs@thomsonreuters.com;))