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Giant Interactive to take 25% 51.com stake for US$51m
By STAFF EDITOR
Published: July 02, 2008 03:46 PM
Giant Interactive (GA.NYSE), a Chinese online game developer and operator, is aiming to acquire a 25% stake in 51.com, a social networking website, for US$51 million, chairman Shi Yuzhu told China Business News. It has hired China Renaissance to act as a financial consultant on the deal. Ma Yun, CEO of ...
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