Chinese online-game company Shanda Games Ltd. said Friday that it has agreed to be taken private in a $1.9 billion deal after a yearlong effort.

Shanda, which is listed on NASDAQ, has seen its share price tank in the past six months. On October 14, the price closed at $33.48 per ADS. Per the buyout proposal letter, a transaction vehicle ...

Chinese online game developer Shanda Games Ltd said that it has agreed to be taken private by Capitalhold Ltd and its unit Capitalcorp Ltd in a deal valued at $1.9 billion (1 billion pounds).

Shanda Games Ltd.GAME 5.23 % increase; green up pointing triangle said Wednesday its shareholders approved the $1.9 billion merger agreement that will take the Chinese online game developer private.

SAN FRANCISCO (MarketWatch) -- Shanda Interactive Entertainment Ltd. said late Monday it has agreed to sell part of its stake in fellow Chinese Internet company SINA Corp. for $99.1 million ...