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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Perfect World Co Ltd (NASDAQ: PWRD) acted responsibly on behalf of investors’ profitability in the planned $900 Million sale to Perfect Peony Holding Company Limited.
On April 26, 2015, Perfect World Co Ltd (NASDAQ: PWRD) and Perfect Peony Holding Company Limited announced that they had entered into a merger agreement. Under the terms of the merger agreement, Peony Holding Company Limited will offer Perfect World Co Ltd shareholders $ 4.04 per share in cash for all outstanding shares. And American Depositary Shares, representing five Class B shares, will be exchanged for $20.20 in cash.
Based in Beijing, the People's Republic of China, and founded in 2004 Perfect World Co Ltd engages in the research, development, operation, and licensing of online games in the People's Republic of China, the United States, Europe, Japan, Southeast Asia, and South Korea.
The investigation focuses on whether NASDAQ: PWRD investors received the highest price and whether the directors of Perfect World Co Ltd acted in the best interest of Perfect World Co Ltd company and its shareholders.
If you purchased Perfect World Co Ltd (NASDAQ: PWRD)prior to April 26, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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