phoenix new media ltd -adr
(1PXA:Berlin Stock Exchange)
Transactions by PHOENIX NEW MEDIA LTD -ADR (1PXA) in the last 6 months
Phoenix New Media Limited (NYSE:FENG) entered into a definitive share purchase agreement to acquire an additional 13.8% stake in Particle Inc. from certain existing shareholders for $27.6 million on February 9, 2015. In a related transaction, Phoenix New Media entered into share subscription transaction to acquire an additional 21% stake in Particle for an aggregate purchase price of $30 million. Following the closing of the two transactions, Phoenix New Media will own ...
Particle Inc. announced that it has entered into definitive share purchase agreement for equity funding with returning investor, Phoenix New Media Limited for gross proceeds of $30 million on February 9, 2015. The investor will acquire 21% stake in the company through this transaction. The transaction is subject to the satisfaction or waiver of the closing conditions stipulated in the agreement and is expected to close in the second quarter of 2015.
Phoenix New Media Limited (NYSE:FENG) entered into a definitive agreement to acquire additional 8.5% stake in Particle Inc. for $8.5 million on November 7, 2014. The consideration consists of $5 million in cash and a number of class A ordinary shares of Phoenix New valued at $3.5 million. The acquisition is subject to satisfaction or waiver of the closing conditions. The acquisition is expected to close in the fourth quarter of 2014. Katherine Knight of ICR, Inc. acted ...
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