Chinese Games Firm Shanda Sells Partial SINA Stake for $129.6 MillionAuthored by Mark Hefflinger on February 8, 2007 - 11:48am.
Shanghai, China - Shanda Interactive Entertainment, a provider of multiplayer, casual and PC games and other media content in China, announced on Thursday that it has sold part of its stake in Chinese Web portal SINA to Citigroup for about $129.6 million.
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