[分享]Li Wins PCCW Buyout Ruling as Court Rejects Vote-Buying
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2009-04-06 06:34:57.976 GMT
By Mark Lee
April 6 (Bloomberg) -- Hong Kong’s High Court today approved PCCW Ltd. Chairman Richard Li’s buyout of the city’s biggest phone carrier, clearing the way for him to take over the company that has lost 97 percent of its share value in the past nine years.
Li and co-bidder China United Network Communications Group Corp. will buy PCCW shares from minority investors at HK$4.50 apiece.