Dec. 10, 2013, 6:40 AM
- Trunkbow International Holdings (TBOW), a leading provider of mobile payment solutions and mobile value added services, has entered an agreement with Trunkbow Merger Group Limited, owned by TBOW Chairman Dr. Wanchun Hou and CEO Qiang Li to be acquired for $1.46/share, a 24.8% premium over the Nov. 1, 2012 closing price, prior to TBOW's announcement that it had received a "going private" proposal.
- Shares closed Monday at $1.19.
- Source: press release
Aug. 22, 2013, 6:36 AM
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TBOW vs. ETF Alternatives
Trunkbow International Holdings Ltd., is a mobile application enabler, focused on providing telecom operators in China, with application platforms on which to offer Mobile Value Added Solutions and Mobile Payment Solutions to their subscribers.
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