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5 months ago
BRIEF-Zhaopin announces receipt of preliminary non-binding proposal
February 16, 2017 / 10:37 PM / 5 months ago

BRIEF-Zhaopin announces receipt of preliminary non-binding proposal

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Feb 16 (Reuters) - Zhaopin Ltd

* Zhaopin announces receipt of preliminary non-binding proposal

* Says special committee has been authorized by company's board of directors to review and consider proposed transaction

* Zhaopin Ltd -Special committee of board is in advanced discussions with a consortium led by co's largest shareholder regarding a potential transaction

* Zhaopin Ltd - Special committee has retained independent advisors, including a financial advisor and legal counsel, to assist it in its work Source text for Eikon: Further company coverage:

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