Beijing and Shanghai – Youku Tudou Inc. (Youku) and Tudou Holdings Limited (Tudou) have announced the completion of the merger between Tudou and Two Merger Sub Inc., a wholly owned subsidiary of Youku, pursuant to the agreement and plan of merger dated March 11, 2012. As a result of the merger, Tudou has become a wholly owned subsidiary of Youku. Youku's name was changed from Youku Inc. to Youku Tudou Inc. Under the terms of the Merger Agreement, each Tudou Class A ordinary share and Tudou … [Read more...] about Youku and Tudou complete merger
youku tudou merge
Youku shareholders approve merger with Tudou
Hong Kong – Youku Inc. shareholders have voted in favour of the proposal to issue Youku Class A shares as the consideration for the merger with Tudou Holdings Limited. The combined entity will be named Youku Tudou Inc. The parties expect to complete the merger as soon as possible. Upon completion, Tudou will become a privately held company wholly-owned by Youku, and Tudou's American depositary shares will no longer be listed on the NASDAQ Global Market. … [Read more...] about Youku shareholders approve merger with Tudou
