51job receives acquisition bid of $79.05/share

Sep. 17, 2020 6:03 AM ET51job, Inc. (JOBS)JOBSBy: Gaurav Batavia, SA News Editor
  • 51job (NASDAQ:JOBS) received a preliminary non-binding proposal from DCP Capital Partners, L.P. to acquire all of the outstanding common shares for $79.05 in cash.
  • $79.05 bid price is 16% premium to $68.12 closing price on 16 September, Wednesday.
  • The board plans to evaluate the proposed transaction.
  • Source: Press Release

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