MoFo News Item

Morrison & Foerster Advises Insight on Take-Private Acquisition

28 Jul 2015

NYSE-listed Xueda Education Group, a leading national provider of personalized tutoring services for primary and secondary school students in China, has announced a merger agreement with Shenzhen-listed Xiamen Insight Investment Co., Ltd, a joint stock company established under the laws of the People's Republic of China.

The transaction marks the first-ever acquisition by a PRC-company of a U.S.-listed company, including an acquisition/termination of the target's VIE in China. For further information, see the press release issued by Xueda.

Morrison & Foerster is advising Insight on the transaction with a multi-office deal team led by corporate partners Charles Comey (Palo Alto/Shanghai), Michael O’Bryan (San Francisco) and Sherry Yin (Beijing).
Close

Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.