The Chinese internet giant is buying Youku Tudou in a bid to enhance its digital entertainment offerings.
October 19, 2015 at 04:18 AM
1 minute read
The original version of this story was published on Global Lawyer News
Simpson Thacher & Bartlett is representing Chinese internet giant Alibaba Group Holding Ltd. on a $4.2 billion offer to acquire video streaming company Youku Tudou Inc.
In a proposal announced last Friday, Alibaba offered $26.60 per American depository share to buy the 81.7 percent of Youku Tudou it doesn’t already own. The offer represents a 44.5 percent premium to Youku Tudou’s average closing price in the past three months.
Presented by BigVoodoo
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
