Bus Online denies report

10:30, February 10, 2010      

Email | Print | Subscribe | Comments | Forum 

A top official from Bus Online Holdings yesterday denied media reports that a consortium led by Walt Disney was in talks to buy a stake in it.

Reuters reported on Monday that a Disney-led consortium was in talks to buy 30 or 40 percent of Bus Online for more than $100 million through a purchase of old and new shares in private placements.

"It (the news) is absurd. We neither have any financing plans nor have we been contacted by any multinational firms for strategic cooperation," said Chen Yue.

Source:China Daily
  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
Major headlines
Editor's Pick
  • The premiere of "Valentine's Day" in Hollywood
  • Fantastic Antarctica natural phenomena
  • Height does not translate to might in real world
  • Saving the tiger
  • Olympic champion to delay pro career for national team
  • Another major snowstorm hit Washington, D.C., area
Most Popular
Hot Forum Dicussion