Shanda Interactive (SNDA) enters into a definitive agreement for CEO Tianqiao Chen to take the...

|About: Shanda Interactive Enter... (SNDA)|By:, SA News Editor

Shanda Interactive (SNDA) enters into a definitive agreement for CEO Tianqiao Chen to take the company private for $41.35/share, as proposed 5 weeks ago. Shares are halted after closing at $39.39 yesterday. (PR)