Ctrip's Invested Companies, Elong And Tongcheng Network, Announce Agreement To Merge [Reuters]
CTRIP.COM INTL (CTRP)
Last ctrip.com intl earnings: 9/9 06:00 pm
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Source: Reuters
Ctrip.Com International Ltd (CTRP.OQ) Key Developments | Reuters.com Dec 29 (Reuters) - Ctrip.Com International Ltd ::CTRIP'S INVESTED COMPANIES, ELONG AND TONGCHENG NETWORK, ANNOUNCE AGREEMENT TO MERGE.CTRIP.COM INTERNATIONAL - E-DRAGON HOLDINGS AND TONGCHENG NETWORK ENTERED TRANSACTION DOCUMENTS IN CONNECTION WITH MERGER AS TONGCHENG-ELONG HOLDINGS?.?CTRIP, ALONG WITH TENCENT HOLDINGS LIMITED , WILL BE MAJOR STRATEGIC SHAREHOLDERS OF TONGCHENG-ELONG?.?JAMES LIANG, CTRIP'S CO-FOUNDER AND EXECUTIVE CHAIRMAN, WILL SERVE AS NEW COMPANY'S CO-CHAIRMAN?.HEPING MA, TONGCHENG CO-FOUNDER AND TONGCHENG NETWORK PRESIDENT AND HAO JIANG, ELONG CEO, WILL BE CO-CEOS OF NEW CO. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations,
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