SINA News and Press, Sina Corporation From 09/08/20

This weekly column explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading posit...

A special committee at Sina (NASDAQ: SINA ) has hired a financial adviser and legal counsel as the company weighs New Wave MMXV's go-private proposal . More news on: SINA Corporation, Merger & acquisition news, Tech stocks news, Read more ...

BEIJING , Aug. 7, 2020 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced that the independent special committee (the "Special Committee") of the Company's Board of D...

Investors in China's Luckin Coffee (OTC: LKNC.Y) have had to deal with a lot of surprises this year. Revelations of fraudulent accounting practices led to a long suspension in trading of the shares on the Nasdaq exchange. Top executives were ousted from the coffee store chain's C-suite. An...

The stock market has gotten back some of its turbulence, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) has maintained its leadership role. Even as other major market benchmarks struggled to stay in positive territory, the Nasdaq flirted with its record levels, climbing 1% as of 3 p.m. EDT. T...

SINA 's (NASDAQ: SINA) stock surged 10% on July 6 after the Chinese tech company received a go-private offer from New Wave MMXV, a British Virgin Islands-based company controlled by SINA's own CEO Charles Chao. New Wave already held a 55.5% voting stake in SINA after a share subscription agre...

The U.S. stock market came out of the holiday weekend with just as much upward momentum as it had last week. All three major market benchmarks gained ground, with the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite picking up 1.5% to ...

China-based online media company Sina (NASDAQ: SINA) announced on Monday that it has received an offer to take the company private. Sina is the parent company of micro-blogging site Weibo (NASDAQ: WB) , best known as the Chinese equivalent of Twitter .  The take-private proposal ca...

New Wave MMXV has made preliminary non-binding proposal to SINA (NASDAQ: SINA )  +6%  to acquire all the outstanding shares at $41 in cash, a 11.8% premium over Thursday's closing price of $36.67. More news on: SINA Corporation, Tech stocks news, Read more ...

BEIJING , July 6, 2020 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced that its Board of Directors (the "Board") has received a preliminary non-binding propos...