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March 1, 2017 05:28 am GMT
Chinese travel site Qunar is all set to delist from the NASDAQ after it completed its sale to private equity firmOcean Management. The deal was first announced last October and today it went through havinggainedshareholder approval earlier this week. The transaction values Qunar, which is backed by Baidu, at around $4.44 billion. The firm raised $167 million from its IPO in November… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/m18BQ6Av1d0/
Chinas Qunar to delist from NASDAQ after completing sale to private equity firm
Chinese travel site Qunar is all set to delist from the NASDAQ after it completed its sale to private equity firmOcean Management. The deal was first announced last October and today it went through havinggainedshareholder approval earlier this week. The transaction values Qunar, which is backed by Baidu, at around $4.44 billion. The firm raised $167 million from its IPO in November… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/m18BQ6Av1d0/
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