China Online Education Group - ADR

NYSE:COE   3:59:54 PM EDT
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Mergers / Acquisitions

China Online Education Group Announces Receipt Of Non-Binding Proposal To Acquire Mainland China Business Of The Company

Published: 03/24/2022 10:35 GMT
China Online Education Group - ADR (COE) - China Online Education Group Announces Receipt of a Non-binding Proposal to Acquire Mainland China Business of the Company.
China Online Education Group - Proposed Purchase Price for Target Companies is Us$1.
China Online Education Group - Huang Believes That Enterprise Value of Target Companies is Equivalent to Existing Liabilities and Obligations.
China Online Education Group - Board Has Formed a Special Committee to Evaluate Proposed Transaction.
China Online Education Group - Special Committee Includes Roy Rong and Xiaoguang Wu, Both Independent Directors.