Shanda Games Announces Receipt of Non-Binding Proposal to be Acquired for $6.90 per Share
January 27, 2014 at 09:04 AM EST
Shanda Games Limited (NASDAQ: GAME ), a leading online game developer, operator and publisher in China, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter dated January 27th, 2014 (the "Proposal") from Shanda Interactive Entertainment Limited, the controlling shareholder of the Company,