- RDA Microelectronics (RDA) and Tsinghua Unigroup amend their merger agreement in light of the relaxation of regulations relating to overseas investments.
- Tsinghua Unigroup President Zhao Weiguo: "We are continuing to collaborate with the relevant parties to close the Merger smoothly."
- RDA +2.6% AH to $18, 2.8% below the proposed acquisition price of $18.50/share.
RDA +2.6% pre-market, amends merger on Chinese regulatory relaxation
Dec 20 2013, 09:08 ET