Tencent Holding (OTCMKTS:TCEHY) entered a pact to buy a 29% stake in Funcom. The deal is valued at $134.33 million based on the closing price on Friday. KCJ Capital has sold the shares to Tencent at a premium of 21.8% on the closing price of Funcom on Friday. Tencent becomes a significant shareholder in Funcom […]
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