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Advertising M&A image Advertising M&A » By The Online Investor Staff, updated Fri., Dec. 14, 7:28 AM Recent mergers and acquisitions in the Advertising M&A category.

Slide #35. ChinaNet Online Holdings, Inc. Sou Yi Lian Mei Network Technology (Beijing) Co.

Acquirer: ChinaNet Online Holdings, Inc. (NASDAQ:CNET)
Acquiree: Sou Yi Lian Mei Network Technology (Beijing) Co.
Details: ChinaNet Online Holdings, Inc. announced that it will purchase the remaining 49% of the equity interest in Sou Yi Lian Mei Network Technology (Beijing) Co. Ltd. ("SouYi") for approximately $6.5 million in cash.

ChinaNet Online Holdings is a holding company. Through its subsidiaries and operating entities, Co. primarily operates a one-stop services for its clients on its integrated service platform, primarily including Omni-channel advertising and marketing system, CloudX and data analysis management system. Co.'s products and services consist of: Internet advertising and marketing, which provide information relating to small business opportunities in China and enable its customers to invest in their online advertising and marketing campaign; and television advertising, which has produced and distributed television shows that were comprised of advertisements similar to infomercials.

Open the CNET Page at The Online Investor »

Company Name: 
ChinaNet Online Holdings Inc
Stock buyback: 
CNET buyback
Website: 
www.chinanet-online.com
Sector: 
Advertising
 

Open the CNET Page at The Online Investor (in a new window) »

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Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
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