Law Firm Investigating PWE Privatization


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The recent announcement that Perfect World Co. is going private has sparked an investigation by the Levi & Korsinsky law firm. In a shareholder alert sent out alongside the announcement last week, the firm confirmed that it is looking into the fairness of the sale.

Perfect World Co. is set to go private in the second half of this year, in a $900 million acquisition that will see ownership transfer over to Mr. Michael Yufeng Chi. Shareholders are expected to receive $4.04 in compensation for standard shares, a 28% increase over the price as of December 31, 2014.

Persons or entities that purchased Perfect World stock before April 26, 2015, can get in contact by phone or email at no cost to themselves.

(Source: Shareholder Alert)