Brief: Changyou.Com Announces Receipt Of A Preliminary Non-Binding Proposal To Acquire The Company

Sohu.com

09/09/2019 13:29

Sept 9 (Reuters) - Changyou.Com Ltd  CYOU.O :
    * CHANGYOU.COM ANNOUNCES RECEIPT OF A PRELIMINARY
NON-BINDING
PROPOSAL TO ACQUIRE THE COMPANY
    * CHANGYOU.COM ANNOUNCES RECEIPT OF A PRELIMINARY
NON-BINDING
PROPOSAL TO ACQUIRE THE COMPANY
    * CHANGYOU.COM LTD - GOT PRELIMINARY NON-BINDING PROPOSAL
FOR A
PURCHASE PRICE OF $5.00 PER CLASS A ORDINARY SHARE, OR $10.00
PER ADS, IN CASH
    * CHANGYOU.COM LTD -  PRELIMINARY NON-BINDING PROPOSAL WAS
TO
ACQUIRE OUTSTANDING CLASS A ORDINARY SHARES OF THAT ARE NOT
ALREADY OWNED BY SOHU
    * CHANGYOU.COM LTD - PROPOSED TRANSACTION, IF COMPLETED,
WOULD
RESULT IN CHANGYOU BECOMING A PRIVATELY-HELD, INDIRECT
WHOLLY-OWNED SUBSIDIARY OF SOHU
    * CHANGYOU.COM LTD -  EXPECTS THAT A SPECIAL COMMITTEE WILL
CONSIDER PROPOSAL LETTER AND PROPOSED TRANSACTION
    * CHANGYOU.COM LTD -  RECEIVED FORMAL CONFIRMATION FROM
CHARLES
ZHANG THAT HE IS NO LONGER PURSUING HIS 2017 NON-BINDING
PROPOSAL TO ACQUIRE CO HIMSELF
    * CHANGYOU.COM LTD - RECEIVED A PRELIMINARY NON-BINDING
PROPOSAL
LETTER FROM SOHU.COM LIMITED

Source text for Eikon:  ID:nPn344GJta 
Further company coverage:  CYOU.O 

 ((Reuters.Briefs@thomsonreuters.com;))