Tencent Holding

Tencent Holding (OTCMKTS:TCEHY) Acquires 29% Stake In Funcom: Shares Of Funcom Hits A Ten-week High

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 […]