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2021-07-06

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The responsible person of Weibo stated that the privatization of the Weibo was “untrue”. Weibo's pre-market gains fell back.

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Weibo's pre-market gains fell back.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112451709","media":"Tiger Newspress","summary":"Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that ","content":"<ul>\n <li>Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that Weibo is going private is \"not true.\"</li>\n <li>Earlier, Weibo gained more than 40% on a Reuters report that the company's chairman Charles Chao and a Chinese state investor are in talks to take the Twitter-like company private in a deal for at least $20B.</li>\n <li>The Weibo chairman and state investor are expected to offer $90-$100/share for the company, according to aReuters report, which cited sources familiar. 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Weibo's pre-market gains fell back.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-06 20:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that Weibo is going private is \"not true.\"</li>\n <li>Earlier, Weibo gained more than 40% on a Reuters report that the company's chairman Charles Chao and a Chinese state investor are in talks to take the Twitter-like company private in a deal for at least $20B.</li>\n <li>The Weibo chairman and state investor are expected to offer $90-$100/share for the company, according to aReuters report, which cited sources familiar. Chao's holding company New Wave is the largest holder of Weibo, which had a 45% stake as of February.</li>\n <li>New Wave is joining up with an unidentified Shanghai-based state firm for a consortium for a take private deal for Weibo, according to the report.</li>\n <li>A take private of Weibo would let the company's second largest holder Alibaba(NYSE:BABA)and top customer exit its investment.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/25fff555999f609809fd671c1b157092\" tg-width=\"1283\" tg-height=\"594\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WB":"微博"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112451709","content_text":"Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that Weibo is going private is \"not true.\"\nEarlier, Weibo gained more than 40% on a Reuters report that the company's chairman Charles Chao and a Chinese state investor are in talks to take the Twitter-like company private in a deal for at least $20B.\nThe Weibo chairman and state investor are expected to offer $90-$100/share for the company, according to aReuters report, which cited sources familiar. 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