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China Customer Relations Centers Inc (NASDAQ:CCRC), CHINA MERCHANTS BANK (CIHHF) - China Customer Relations Centers Goes Private At $6.50/Share benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Company ), a leading e-commerce and financial services business process outsourcing ( BPO ) service provider in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the Merger Agreement ) with Taiying Group Ltd. ( Parent ) and Taiying International Inc. ( Merger Sub ), a wholly-owned subsidiary of Parent. Pursuant to the Merger Agreement, Parent will acquire the Company for a cash consideration equal to US$6.50 per share of the Company (each, a Share ). This amount represents a premium of 37.7% over the Company s closing price of US$4.72 per Share on November 27, 2020, the last trading day prior to November 30, 2020, the date that the Company announced it had received a going-private proposal, and a premium of 37.8% to the volume-weighted average closing price of the Company s Shares during the 60 trading days prior to November 30, 2020. This amount also represents an increase of approximately 21.0% over the US ....
China Customer Relations Centers, Inc. Enters into Definitive Merger Agreement for Going Private Transaction prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.