Acorn International (ATV +14.3%) surges at the open after an entity controlled by the company's...

|About: Acorn International, Inc. (ATV)|By:, SA News Editor

Acorn International (ATV +14.3%) surges at the open after an entity controlled by the company's CEO and a co-founder's wife launch a tender offer to buy up to 20M shares at $2/ordinary share, which represents $6/ADS share, a 34% premium to the stock's Thursday closing price.