Sungy Mobile Enters Into Definitive Agreement for Going Private Transaction

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Go back to Sungy Mobile Enters Into Definitive Agreement for Going Private Transaction

Sungy Mobile (GOMO) to Be Taken Private by Sunflower Parent

June 8, 2015 4:07 PM EDT

Sungy Mobile (NASDAQ: GOMO) today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Sunflower Parent Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands ("Parent") formed by Mr. Yuqiang Deng ("Mr. Deng"), Mr. Zhi Zhu ("Mr. Zhu"), IDG-Accel China Growth Fund L.P., IDG-Accel China Growth Fund-A L.P., IDG Technology Venture Investment III, L.P., IDG-Accel China Investors L.P. (collectively "IDG" ) and CBC Mobile Venture Limited ("CBC", together with Mr. Deng, Mr. Zhu and IDG, the "Rollover... More