2014-03-27
Tencent Acquires 28% Stake In South Korea's CJ Games For $500M
Shenzhen-based Internet company Tencent Holdings Ltd. has reached a strategic investment agreement with South Korea's gaming company CJ Games to acquire a 28% stake in the company for $500 million, according to a company announcement. Tencent will be the third largest shareholder in CJ Games after the transaction. CJ Games says it will use the […]
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