Today, one day, my phone almost does not display the name of the phone ringing off the hook, it is estimated that a large part of the friends from the media. Most of which I have not received the phone, apologize to everyone here. I know you want to ask anything, I know what to say. Now, to use this place, I focus on this thing I can say once finished.
1. To date, this case has not officially announced. Everything should be subject to notice.
2. In the global M & A transactions can not be signed after the delivery is not uncommon, sometimes as large despite drastic changes in market conditions, sometimes because of government approval is not complete, and sometimes because circumstances change party transactions . Because no matter what, have any reason to break up, even the so-called "no reason" to break up.
3. Chinese friends and transactions have come to light have not yet completed delivery, mainly the last case, that the signing took place after a number of things lead to (i) transactions required to satisfy all closing conditions or all of the commitments can not be met; and / or (ii) transaction on one side or both sides lose the original strategic value and strategic significance; and / or (iii) a party transactions necessary to generate revised commercial terms and both parties can not be on the new business Terms of agreement.
4. Even if this deal will not change the ultimate grounding into the integration of China's media entertainment industry trend of the times.
5. If you break the case, regardless of the Friends for China or for light, both sides will not hold hands while facing the end of the world did not end. Hurray is a listed public company has been, good governance, a relatively transparent financial system, rich experience in new media, high-quality entertainment assets, of course, In addition there are plenty of cash. Now, Hurray, there has been more and more clear development strategy and re-cohesion within the team morale high, only one thing left: the implementation of development strategies to their own entertainment to carry out step by step. Matter whether the capital market understanding, misunderstanding worth mentioning, it did not. Then Ding Lei, Chen have been misunderstood before, but in the end they all come back. I firmly believe that the same Chinese friends will be back. As the entertainment media, the most active investment banks, but also as friends of China's old friend and financial adviser, peer eCapital willing to rain, accompanied by Chinese friends in the entertainment industry, the future success on the road all the way dream.
6. Light is the same, even if the deal ran aground does not explain the light has no merit. It just needs some time to use a more convincing way to prove the value.
7. I believe that one day the two companies, mobile phones Wang had no corpuscles. However, even Edison would have been forgotten that day, let alone a deal. As long as we immersed ourselves to do well, the two companies must be able to rely on the future value of their business - rather than co-sub-sub-quasi-Hop entertainment gossip - to attract more people (also including capital markets) concern.
8. Last year in November, the day the deal was announced, I posted an article once. Today was a message in my blog, I will not ask what has changed and the way to win it. I am now officially answered his friend: do not. It is a history which is worth, need to be respected. In the last article I once wrote, "Bless Tian, blessing QD, blessings light Hurray." What has changed, maybe I need to do is only in the light and the Chinese friends to add a comma between the re- only.
Finally advance notice, tomorrow 16 o'clock, we will have a telecom giant to invest in China in Asian trade music company announced. Fortunately this time, when the transaction has been announced delivery.
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