Shanda Games Limited (NASDAQ: GAME) said it has completed the merger among the company Capitalhold Limited (Parent) and Capitalcorp Limited, its wholly owned subsidiary.
As a result of the merger, the company became a direct wholly owned subsidiary of Capitalhold.
Shareholders of record as of the effective time of the merger who are entitled to the merger consideration will receive a letter of transmittal and instructions on how to surrender their share certificates in exchange for the merger consideration.
The company also announced today that it requested that trading of its ADSs on NASDAQ to be suspended as of November 18, 2015.
Shanda Games Limited is a leading online game developer, operator and publisher in China.