December 30, 2016 / 3:32 PM / 8 months ago

BRIEF-Geeya Technology updates 49 pct stake acquisition in Beijing culture & media company

Dec 30 (Reuters) - Geeya Technology Co Ltd :

* Says it plans to buy 49 percent stake in a Beijing-based culture & media company (target company) with estimated price of 50.5 million yuan

* Co will use owning stake and debt in another Beijing-based culture and media firm to exchange for the 49 percent stake in the target company

Source text in Chinese: goo.gl/FmMRn7

Further company coverage: (Beijing Headline News)

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