AsiaInfo Holdings, Inc.NASDAQ
ASIA is defunct.
  • Dec. 19, 2013, 9:26 AM
    | Dec. 19, 2013, 9:26 AM
  • Dec. 16, 2013, 11:50 AM
    • 5% AsiaInfo-Linkage (ASIA -0.9%) shareholder Brandes Investment Partners reiterates its opposition to a $12/share take-private offer for the company scheduled for a shareholder vote on Dec. 19 (proxy advisor ISS has also recommended shareholders to vote against).
    • Brandes does not believe the offer "fairly represent[s] the fundamental value of the company" given the takeover price's establishment nearly 2 years ago during less favorable market conditions, a stronger outlook in the Chinese telecom billing and customer relationship software industries, 9% revenue growth YTD on top of 14% revenue growth during 2012, and subdued investor awareness.
    • Brandes adds, "Since the proposed transaction involves a related party, we continue to believe that the process is flawed and that approval should require support from a majority of independent shareholders."
    | Dec. 16, 2013, 11:50 AM
  • May 13, 2013, 7:52 AM

    AsiaInfo Linkage (ASIA) will be acquired by a consortium of private investors for $12 per share in cash. Shares +3% premarket.

    | May 13, 2013, 7:52 AM
  • Jun. 15, 2012, 11:30 AM

    AsiaInfo-Linkage (ASIA +11.7%) jumps on a Reuters report claiming TPG Capital, Silver Lake, and other P-E firms have shown interest in buying the company for over $1B. Even after today's rally, AsiaInfo's market cap stands at $903M. The company, a provider of infrastructure software to Chinese telcos and cable providers, received a buyout offer in January from China's CTIC Capital.

    | Jun. 15, 2012, 11:30 AM
  • Feb. 21, 2012, 8:16 AM

    KKR (KKR) and TPG are said to be among the P-E firms lining up to buy China software and IT company AsiaInfo-Linkage (ASIA). A deal is expected to be worth more than $1B. ASIA +5.4% premarket.

    | Feb. 21, 2012, 8:16 AM
  • Jan. 20, 2012, 8:19 AM

    AsiaInfo-Linkage (ASIA) +19.4% premarket after announcing receipt of a going-private proposal from a subsidiary of CITIC Capital China Partners to acquire all ASIA outstanding common shares "at a price which represents a premium over the current stock price."

    | Jan. 20, 2012, 8:19 AM