Tarena rallies on merger agreement with Kidedu for going private transaction

Apr. 30, 2021 8:25 AM ETTarena International, Inc. (TEDU)TEDUBy: Khyathi Dalal, SA News Editor4 Comments
  • Tarena International (NASDAQ:TEDU) trades 10.4% higher premarket after entering into a merger agreement with Kidedu Holdings and its wholly-owned subsidiary Kidarena Merger Sub wherein Kidedu will merge into Tarena in a transaction implying an equity value of of ~$230.6M.
  • Tarena will be

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