November 30, 2009 at 19:37 PM EST
(SINA) SINA Corporation Finishes Private Equity Deal
SINA Corp. (SINA) announced the completion of private equity placement of its ordinary shares with New Wave Investment Holding Company Limited, a British Virgin Islands company established and controlled by Charles Chao, SINA’s Chief Executive Officer (CEO) and other members of the management. The company will receive gross proceeds of $180 million in exchange for approximately [...] (SINA) SINA Corporation Finishes Private Equity Deal
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