Wan Mei gave up acquisition on Lian Zhong before the Spring Festival

According to the sources, Wan Mei, Shanda were all involved in the negotiations with NHN on the transfer of Lian Zhong shares, and Wan Mei once dominated the advantage in negotiations, and currently some staff still believe that Wan Mei would take over NHN’s shares.

According to informed sources, Wan Mei through the analysis of Lian Zhong, believed: the acquisition was not matching Wan Mei’s high-end R&D company direction, so eventually it took the initiative to withdraw from the negotiations before the Spring Festival.

According to sources, Shanda’s plan was that if the acquisition was successful, it would create another independent division with another chess platform under shanda.

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