Sunday, November 30, 2008

More News on Hua Hong-Grace Merger

My November 1 post on the imminent merger of Hua Hong and Grace appears to be correct if imminent means before Chinese New Year. News reports from the Chinese media have surfaced in the last few days suggesting this merger is in the works and will be completed before Chinese New Year (link). However, neither firm has made any official announcement acknowledging the merger talks.

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