News: qihoo 360-qihoo 360 announced privatization transaction is completed, privatization-IT information

IT news , July 16, qihoo 360 today announced today that mergers and acquisitions have been completed according to the merger agreement announced on December 18, 2015. After the transaction is completed, odd Tiger delisting from the New York Stock Exchange.

On December 18, 2015, Qi Xin, Tianjin and qihoo zhicheng technology limited, Tianjin Qi Shun mastery technology limited, True Thrive Limited (Midco), New Summit Limited, and Global Village Associates Limited merger agreement reached and Young Vision Group Limited, Powerline March 30, 2016, the extraordinary general meeting of shareholders approved the merger agreement and merger is completed, qihoo become wholly-owned subsidiaries of Midco.

Company today announced its New York Stock Exchange trading of United States depository receipt no later than July 15, 2016, at 4 o'clock in the afternoon (United States Eastern time) stop trading.

Public company "privatization", is a special kind of merger and acquisition of capital market operations; and other acquisitions, the maximum difference is that it's goal is to be a public company delisted from a public company into a private company. Popular, is the controlling shareholder, bought shares of small shareholders in all, expanding existing share and eventually the delisting of the company.

快讯：奇虎360宣布私有化交易完成 - 奇虎360,私有化 - IT资讯

IT资讯讯 7月16日消息，奇虎360今日今天宣布，已根据2015年12月18日公布的并购协议完成了并购。在交易完成后，奇虎将从纽约股票交易所退市。

2015年12月18日，奇虎与天津奇信志成科技有限公司、天津奇信通达科技有限公司、True Thrive Limited (Midco)、New Summit Limited、Global Village Associates Limited和Young Vision Group Limited达成并购协议，奇虎股东在2016年3月30日的特别股东大会上批准了这一并购协议，并购完成后，奇虎成为Midco的全资子公司。

公司今天同时宣布其在纽约证券交易所交易的美国存托凭证将最晚于2016年7月15日下午4点（美国东部时间）停止交易。

上市公司“私有化”，是资本市场一类特殊的并购操作；与其他并购操作的最大区别，就是它的目标是令被收购上市公司除牌，由公众公司变为私人公司。通俗来说，就是控股股东把小股东手里的股份全部买回来，扩大已有份额，最终使这家公司退市。