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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.280+0.2%Jan 13 3:59 PM EST

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From: Paul Senior4/8/2007 10:54:08 PM
   of 7256
 
NCTY. Sort of a 1/5 takeover:

"Electronic Arts Inc. (NasdaqGS:ERTS - News) has reached an agreement with The9 Ltd. (NasdaqGM:NCTY - News) to buy a 19 percent stake in the Chinese online game operator for about $200 million, a local newspaper said on Saturday."

biz.yahoo.com

1/5th for $200M

Market cap of company is $870M per Yahoo.
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I'll continue to hold my NCTY shares.
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