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home / news releases / JOBS - 51job shares rally on receiving updated non-binding acquisition proposal to go private at $79.05/share in cash

JOBS - 51job shares rally on receiving updated non-binding acquisition proposal to go private at $79.05/share in cash

51job Inc.
51job (JOBS) +14.95% premarket in response to updated preliminary non-binding proposal from DCP Services Limited, Ocean Link Partners Limited, and Mr. Rick Yan, the CEO of the company to acquire all of the outstanding common shares of the company for $79.05 in cash per common share. The board had formed a special committee consisting of two independent directors to evaluate the Proposed Transaction or any alternative strategic option that the company may pursue.Last year, the company has received the proposal in September 2020 from DCP Capital Partners.

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51job shares rally on receiving updated non-binding acquisition proposal to go private at $79.05/share in cash
Stock Information
Company Name: 51job Inc.
Stock Symbol: JOBS
Market: NASDAQ
Website: 51job.com
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