The extraordinary general meeting held yesterday in Shanghai.

Linktone’s Chief Executive Officer Michael Li commented, ‘We believe that our companies will have a major opportunity to pursue advertising and WVAS cross-selling initiatives both in China and other Asian countries. We anticipate a very strong and mutually beneficial relationship that provides a great value proposition for shareholders going forward.’

As previously announced by Linktone, MNC will launch a partial tender offer in the United States within five business days after the conditions to the tender offer are satisfied or waived. The tender offer will be for up to 6 million of Linktone’s outstanding American Depositary Shares for US$3.80 per ADS.

Source : Chinatechnews