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Tencent Music Entertainment Group V.TME


Primary Symbol: TME

Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.


NYSE:TME - Post by User

Comment by AuntiePennyon Jun 09, 2015 11:03am
93 Views
Post# 23810828

RE:RE:Takeover

RE:RE:Takeover
eagle55 wrote:
The fact that only 1% of shareholders of Temex have agreed to the terms of this merger tells all shareholders how bad this deal is for us. 

All other firms are receiving a substantial premium to their previous market value before the news.
We receive only 35%, what is wrong with this picture?  Temex must have used the same negotiators as Obama uses to negotiate for them.

I have held Temex for some time now and will not be tendering my shares to this ridiculous offer.  Management shoud be embarassed to present this offer to us.


Right. 1%. Either TME is dropped out of the deal and goes back to 4 cents or they offer something like 12 cents or 15 cents to get the other 99%.
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