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Top Chinese online game company Shanda takes stake

Chinese Internet media company Sina Corp. ... It said the purchases came amid unconfirmed reports that US Internet giant Yahoo Inc. ...

Sina's board of directors are reviewing the acquisition and will "continue to act in the best interests of all the company's stakeholders, including shareholders, employees and customers," Sina said in a statement issued during the weekend...

Source: China Post - Taipei,Taiwan
 
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