Consortium submits bid for Zhaopin Ltd.

05 May 2016
Evan Guo Sheng, director and chief executive officer of Chinese jobsite operator Zhaopin Ltd. (NYSE: ZPIN), along with company vice presidents Wang Ge, Wang Weigang and Tang Luyang, company chief financial officer Pu Tianruo and Sequoia China Investment Management LLP jointly announced on May 5 that they had formed a consortium which had submitted to Zhaopin's board of directors a preliminary non-binding proposal to acquire all outstanding ordinary shares in Zhaopin...

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Don Gasper