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Advertising M&A image Advertising M&A » By The Online Investor Staff, updated Sun., Jun. 24, 4:36 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 that conducts its businesses through its People's Republic of China subsidiaries and operating entities. Co. operates a one-stop services for its clients on its integrated service platform, mainly including Omni-channel advertising and marketing system, CloundX and data analysis management system. Co.'s Omni-channel advertising and marketing system, consists of digital advertising and marketing portals, include internet and mobile, and its other non-digital advertising units. Co. also provides search engine marketing services through this system. Co.'s products and services include Internet Advertising and Marketing, and Television Advertising.

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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