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Linktone May Get an Investment from Lunar Capital and CDC Corp PDF Print E-mail
Monday, 26 November 2007
Linktone May Get an Investment from Lunar Capital and CDC Corp
(NAMC) - Lunar Capital Management has teamed up with and CDC Corp to invest and help restructure Linktone, at least this is a formal proposal that was presented to Linktone. The deal that was presented to Linktone is the purchase of either common or convertible shares which, on a full diluted basis, would equate to approximately 19.9% of the company. The purchase price would be at a premium to Linktone's most recent closing price but this is only for the preferred shares, the purchase price would be at a discount if they buy the common shares.


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