Dec 04, 2020 08:19 AM (GMT+8) · EqualOcean
On the evening of December 3, Shangwei shares said that it would terminate its acquisition of star field, a live broadcasting company. As for the reasons for the termination of the acquisition, the company said that considering that the implementation of the new live broadcasting regulations would have a great impact on the live broadcasting industry, the company made a new study and judgment on the valuation and pricing, profit forecast and gambling, and failed to reach an agreement, and finally decided to terminate the transaction. As the main anchor of star hope is Luo Yonghao, and one of the shareholders of star hope, Luo Yongxiu and Luo Yonghao are brothers, the acquisition case has attracted much attention

This text is a result of machine translation.