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Qihoo 360 extend to Opera bid
Time£º2016/4/15 10:33:23

TechWeb reported on April 15, news, news in February 15, ten thousand d kunlun (300418, shares) announced that the company intends to and qihoo 360, company was set up by the buyer, for Norway's Opera Software ASA for a 100% stake in listed company public tender offer. But on Thursday, the buyer said groups decided to extend the Norwegian Opera browser developers software companies offer deadline.

On Thursday, the kunlun ten thousand d, qihoo 360, the silk road fund management (shenzhen) partnership (limited partnership) buyer group announced that extend to the Norwegian Opera browser developers software companies offer period, the reason is that the value of the previously proposed $1.28 billion takeover bid in the period of failed to get enough shareholders to accept.

The consortium in the Oslo stock exchange announcement, said has decided to extend the offer deadline to May 24. So far, accept its offer Opera shareholders holding company only 72.19% of the shares, is far lower than the threshold of more than 90% of the purchase.

In February this year, the global mobile communication conference held in Barcelona, Spain (MWC2016), Opera's chief executive, Lars Boyle's Lars Boilesen said in an interview, the company will develop new browser, says is "committed to overturn the browser using the basis of experience". In the same year on March 21, lars Boyle's also said that the company sold to kunlun and 360 is the board of directors of the company is a science and technology, he "individuals are not willing to do so."