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SINA - SINA inks agreement with New wave for going private for $43.3 per share
Sina Corporation
Pursuant to the Merger Agreement, at the effective time of the Merger, each ordinary share issued and outstanding will be cancelled and cease to exist in exchange for the right to receive $43.30 in cash per Ordinary share.The per share merger consideration represents an increase of ~5.6% over the $41 per Ordinary Share initially offered in the "going-private" proposal from New Wave.(SINA)Press Release