The betta board announced that it had received a preliminary non binding proposal from Tencent holding proposing a stock for share merger between douyu and Huya, and that tiger tooth or its subsidiaries would acquire each outstanding common share of Betta. Under the proposed deal, Betta shareholders will receive an agreed number of new class a common shares issued by Tiger tooth. < / P > < p > the board said it would evaluate the proposed transaction, and the board cautioned the company’s shareholders and others considering trading in the company’s securities that the board had just received the proposal and had no opportunity to carefully review and evaluate the proposed transaction or make any decision on the company’s response to the proposed transaction. There is no guarantee that any final offer will be made, that any final agreement relating to the proposed transaction will not be enforced, or that the transaction or any other transaction will be approved or completed. Except as required by applicable law, the company does not assume any renewal obligations in connection with this transaction or any other transaction. < / P > < p > if the acquisition is completed, the betta senior management team will become the senior management team of the new company. In this regard, a number of people close to the transaction confirmed that Tencent has indeed put forward the proposal of promoting the merger of douyu and Huya, and the proposal has risen to the level of Tencent general office. “If it’s fast enough, it can be done within the year.” < / P > < p > the way to merge the fighting fish and tiger teeth is to get through the content, but the two teams operate independently, and the brand will continue to remain. In other words, users can see two anchors through one platform at the same time, but it is not known whether the user’s account system is connected. During the transaction, huanju group, which hatched tiger teeth, will transfer some shares and reduce its control. < p > < p > in June this year, many people close to the deal confirmed that the merger of douyu and Huya was on the way, and the proposal to promote the merger was put forward by Tencent, and the specific details were not yet determined. “As soon as the end of this year and the beginning of next year, Huya will usher in a new high-level and new strategic objectives,” said a former employee of Huya. Continue ReadingAmerican companies begin to give up R & D: who should pay for corporate research?