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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 VanWilder1on Jul 05, 2015 11:50pm
110 Views
Post# 23893753

RE:RE:No vote

RE:RE:No vote
That is indeed the way it is currently crafted.   I seems the other groups were part of an inital core deal, and Temex was kind of a "bolt on" addition.    I don't think they will get anywhere near the shares needed, based on investor feedback.   I just hope they up the bid a bit, and come back with a better ratio......and validate the strength of our assets with a rasied offer.

I am afraid the Road alone, may not be as rosy as the road with Osisko and $60M in the bank.


I like the concept of the deal, but the exchange ratio does suck for Temex holders.  


Van
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