Real estate services company E-House China Holdings Ltd said it will purchase the shares of its unit China Real Estate Information Corporation (CRIC) that it already does not hold in a deal valued at about $960 million.E-House China said it already owns 54.1 percent of CRIC's total outstanding shares.Shares of E-House China closed at $8.36 on Thursday on the New York Stock Exchange. CRIC shares closed at $5.40 on Nasdaq.
Shares of CRIC remained unchanged at $5.40. In the past year, the shares have traded as low as $4.50 and as high as $11.14. On average, 74430 shares of CRIC exchange hands on a given day and today's volume is recorded at 0.
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