We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bad habits

7 July 2020 By Robyn Mak

Less than three years after the Chinese web outfit inexplicably handed control to boss Charles Chao, he wants to take it private. The $2.7 bln offer is at a 20% discount to Sina’s stake in microblog Weibo. Supervoting stock and a weak board put minority holders in a tight spot.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)