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Antitrust regulators blocked the deal
- Chinese game streaming platforms Huya and Douyu announced on Monday that they would terminate a merger agreement after antitrust regulators blocked the deal on Saturday. The decision dealt a new blow to Tencent, leader of the merger.
technode.com/2021/07/13/huya-douyu-abandon-game-streaming-merger-after-regulators-block-deal/Huya, Douyu abandon merger after regulators block deal - TechNode
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Jul 12, 2021 · In light of the SAMR Decision, on July 12, 2021, Huya, Tiger Company Ltd., a wholly owned subsidiary of Huya, DouYu, and Nectarine Investment Limited ("Tencent "), a wholly owned subsidiary of Tencent Holdings Limited entered into a termination agreement, pursuant to which the Agreement and Plan of Merger, dated October 12, 2020, by and among ...
Jul 12, 2021 · DouYu International Holdings Ltd (DY8Ay.F) said on Monday it had terminated its $5.3 billion deal with Huya Inc (HUYA.N), two days after China's market regulator blocked Tencent Holding Ltd's...
Jul 12, 2021 · In light of the SAMR Decision, on July 12, 2021, Huya, Tiger Company Ltd., a wholly owned subsidiary of Huya, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings Limited, entered into a termination agreement, pursuant to which the Agreement and Plan of Merger, dated October 12, 2020, by and among the same ...
Jul 12, 2021 · DouYu and Tencent entered into a termination agreement, dated July 12, 2021, pursuant to which the Reassignment Agreement, dated October 12, 2020, by and between DouYu and Tencent, including...
Jul 12, 2021 · DouYu International Holdings Ltd. has terminated a merger with rival Huya Inc., formally nixing a deal that would have helped cement Tencent Holdings Ltd.’s lead in video game-streaming.
Jul 12, 2021 · (Reuters) -DouYu International Holdings Ltd said on Monday it had terminated its $5.3 billion deal with Huya Inc, two days after China's market regulator blocked Tencent Holding Ltd's...
Jul 12, 2021 · Guangzhou-based Chinese live streaming platform Huya and its Wuhan-based competitor DouYu today announced the termination of their merger agreement. The announcement follows a decision published by China’s antitrust authority , the State Administration for Market Regulation on July 10, which prohibited the proposed merger between the two live ...