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Home>Tencent Offers to Buy eLong -- Update

Tencent Offers to Buy eLong -- Update

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Tue, 4 Aug 2015

By Josh Beckerman NEW YORK-- Tencent Holdings Ltd. wants to buy the rest of Chinese travel company eLong Inc., as the Internet conglomerate and its rivals look to benefit from China's growing legions of travelers. Tencent is offering $18 per American depositary share in a preliminary, nonbinding
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