Announced
Completed
Financials
Tags
Completed
Acquisition
Single Bidder
Medical Equipment
Merger
Friendly
Cross Border
Public
China
Majority
medical products
Reverse Takeover
Synopsis
Newegg, an online retailer of items including computer hardware and consumer electronics, completed the merger with Lianluo Smart, a provider of medical products and medical components in China, in a $1.2bn deal. "Becoming a public company is a milestone 20+ years in the making, made possible by the hard work of Newegg’s employees, and the support of our many partners, investors and customers. As we enter this new phase as a public company, we’re more energized than ever about what the future holds for our company," Anthony Chow, Newegg Global CEO.
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