(March 13, 2012) – Chinese Internet television company Youku and Internet video company Tudou Holdings have signed a definitive merger agreement for Tudou to combine with Youku in a 100 per cent stock-for-stock transaction.
Upon completion, the combined entity will be named ‘Youku Tudou Inc’. Youku’s ADSs will continue to be listed on the NYSE under the symbol ‘YOKU’.
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