Shares of Yongye International (YONG +14.7%) surge the most in more than two months after the...


Shares of Yongye International (YONG +14.7%) surge the most in more than two months after the Chinese fertilizer maker said the country’s state-owned bank offered to provide financing of as much as $232M to support its going-private deal.

Comments (2)
  • Ryan Schroeder
    , contributor
    Comments (183) | Send Message
     
    I like how shares started creeping up around 11:00am today. Inside information must be nice...
    28 Dec 2012, 03:42 PM Reply Like
  • BenGan
    , contributor
    Comments (34) | Send Message
     
    Yong is expected to be privatized at 6.60. I think the market price should be close to 6.60 moving forward.
    29 Dec 2012, 08:32 AM Reply Like
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