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Jiayuan.com hires Barclays to review buyout proposal

Mar. 27, 2015 9:36 AM ETJiayuan.com International Ltd. (DATE) StockBy: Eric Jhonsa, SA News Editor
  • Jiayuan.com (NASDAQ:DATE) has hired Barclays to advise on a $5.37/share non-binding buyout offer from Vast Profit Holdings. It has also hired Davis Polk & Wardell to act as its legal counsel.
  • The Chinese online dating platform currently trades 6% below the offer price.

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