BRIEF-Phoenix New Media Says Expected To Sell Total Of 29.19% Of Total Outstanding Shares Of Particle To Proposed Buyers For Ab
BRIEF-Phoenix New Media Says Expected To Sell Total Of 29.19% Of Total Outstanding Shares Of Particle To Proposed Buyers For Ab
Jan 20 (Reuters) - Phoenix New Media Ltd :
* PHOENIX NEW MEDIA ANNOUNCES FURTHER UPDATE ON PROPOSED SALE OF INVESTMENT IN YIDIAN
* PHOENIX NEW MEDIA - ENTERED AGREEMENT WITH LONG DE ENTITIES TO SETTLE DISPUTE REGARDING ENTITIES' CO-SALE RIGHTS UNDER SHAREHOLDERS AGREEMENT OF PARTICLE INC
* PHOENIX NEW MEDIA - LONG DE ENTITIES TO SELL ABOUT 9.8 MILLION PREFERRED SHARES OF PARTICLE TO PROPOSED BUYERS FOR ABOUT $20.7 MILLION IN CASH
* PHOENIX NEW MEDIA - EXPECTED TO SELL TOTAL OF 29.19% OF TOTAL OUTSTANDING SHARES OF PARTICLE TO PROPOSED BUYERS FOR ABOUT $427.3 MILLION IN CASH
* PHOENIX NEW MEDIA - COMPLETED DELIVERY OF PARTICLE SHARES TO PROPOSED BUYERS & GOT $200 MILLION FOR SUCH SHARES & FURTHER DEPOSIT OF US$50 MILLION
* PHOENIX NEW MEDIA LTD - THERE ARE STILL UNCERTAINTIES AS TO COMPLETION OF REMAINING PART OF PROPOSED TRANSACTION
Source text for Eikon: Further company coverage:
((Reuters.Briefs@thomsonreuters.com;)
路透1月20日-鳳凰新媒體：
*鳳凰新媒體宣佈擬出售一店股權的進一步更新
*鳳凰新媒體-與龍德實體達成協議，解決有關實體根據粒子公司股東協議聯合銷售權的糾紛
*鳳凰新媒體-龍DE實體將以約2,070萬美元現金向擬議買家出售約980萬股粒子優先股
*鳳凰新媒體-預計將以約4.273億美元現金向擬議買家出售總計29.19%的粒子流通股
*鳳凰新媒體-完成向建議買家交付顆粒股票，獲得2億美元，並進一步押金5,000萬美元
*鳳凰新媒體-擬議交易剩餘部分的完成仍存在不確定性
Eikon的源文本：進一步的公司報道：
(Reurs.Briefs@thomsonreurs.com；)
譯文內容由第三人軟體翻譯。