Office 2010 Activation MSN China's

Vista House (www.vista123.com): MSN China Chinese shares one billion acquisition? August three, once the culture of China, Hong Kong listed corporations (1060, HK) announced that July thirty was agreed to receive a confirmation letter, to become a one-billion acquisition of Internet-related organization in the 50% stake in the organization , and also the business also acquired the object by default is the current recognition and NetEase in the

In addition, it makes 50% stake in MSN China's taking over, even more twists and turns. But reporters from reliable sources that, in truth, Microsoft's MSN and NetEase does not finish the negotiations, but the two sides into the see-saw stage, at which point in to the Chinese culture, it seems extra implications.

call for sustained investment in Microsoft's MSN

It can be also based mostly business have to have financial sources to have the ability to achieve this.

cultural China underneath the prior (1060, HK) introduced in April this yr showed a revenue in 2009, 2009, the enterprise turnover 388 million Hong Kong dollars, a net loss attributable to shareholders of 22.87 million Hong Kong dollars. As of December 31, 2009, Culture of China was 126.7 million cash reserves of HK $ 100,000,Office 2010 Activation,000 along with the company's offer is nevertheless a substantial distance.

NetEase earlier noted, according to the 2010 very first quarter outcomes, the firm quarter total revenues of RMB one.two billion, net profit of 4.52 billion yuan (6,630 U.S. dollars), as of the very first the finish of the first quarter, Netease complete quantity of money held by 7.7 billion yuan.

On the other hand, furthermore to revenue, culture, Dong Ping, chairman of China's Movie and Television production and distribution, media management, network and mobile gaming company along with other business-oriented detailed cultural business groups. - The company's new media business, clearly optimistic, but additionally seems to be the spoiler MSN acquisition of China's

March and April in 2010, Culture of China and also the acquisition of Prefect Technique InternationalLim ited entire share money from the Ming City, the business, indirectly Cultural Development Co., Ltd. All North actual interest in Metropolitan Culture Communication Co., Ltd. which owns 50% of equity. Two acquisitions involving total funding of 619 million Hong Kong dollars, of which a few of the cash to pay one.19 billion Hong Kong dollars. 50% of MSN in China, the acquisition, the corporation also can refer to a similar mode of operation of funds, however the company's existing revenue place, after a yr of continued investment in MSN, the burden can also be not straightforward.

be acquired in the culture of China announced the news from the day, the company shares the identical day that rose six.173 % to 0.86 Hong Kong dollars, as of August 5 closing, the company's share price of 0.89 Hong Kong bucks. Still, Chinese culture has also stressed that a letter of intent is not legally binding, only the two sides signed a sale and buy agreement, to get effect.

smoke or true intruder?

But in the interview, also told reporters the investment neighborhood, equity holders of psychological pressure on them to NetEase a move.

beneath the previous agreement, MSN China joint enterprise Shanghai MSN Network Communications Technology Co., Ltd. 50% with the holders from the shares of Shanghai Alliance Investment Limited.

response, insiders stated, MSN China shares sold to whom, plus the final choice or in the Microsoft headquarters, but what kind of conditions and offer you price to pick 50% stake in MSN China, but Shanghai and MSN stake within the interests of traders,

this regard, the sources said Microsoft

reliable supply is also involved within the negotiations confirmed to reporters, Netease respects together with the terms of Microsoft's MSN negotiations proceed.

Activities

2005 年 5 月, MSN's formal entry into China, taking into consideration national policies, Microsoft has taken with Shanghai Alliance Investment Co., Ltd. jointly setup a joint enterprise operation of the web company the way in which, the 2 sides each and every keeping 50%.

2007 onwards, the industry for joint venture partners Shanghai Alliance Investment Ltd programs to sell 50% stake in the hands with the news is heard, online game corporations, , whilst knowledgeable resources, MSN China has also labored with Tencent, Baidu along with other local Web firms approached.

2010 年 4 months, business sources Netease and MSN negotiations, restructuring the joint venture news.

2010 年 eight 3, China Hong Kong listed company culture (1060, HK) introduced that July 30 was agreed to receive a confirmation letter, the proposed 1-billion acquisition of a company engaged in World wide web related for the company's 50% stake in the enterprise, and the organization also admitted to the acquisition of objects for the default MSN China.
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