Chinese Travel Site Qunar Gets Offer to Be Taken Private

Updated on
  • Latest example of privatization of U.S.-listed Chinese company
  • Proposal is 15 percent premium for Qunar ADS on June 22

Qunar Cayman Islands Ltd. received a preliminary offer from Ocean Management Ltd. to buy all outstanding shares of the travel site, the latest example of a proposed privatization of a U.S.-listed Chinese company.

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