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Wednesday, September 3, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: CG)

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:** Private equity firms Carlyle Group LP and Fountainvest Partners have pulled out of a consortium backing a $1.9 billion bid to purchase U.S. listed online games developer Shanda Games Ltd, Shanda said on Wednesday.

Shares of CG traded higher by 0.64% or $0.21/share to $33.05. In the past year, the shares have traded as low as $24.95 and as high as $39.38. On average, 379925 shares of CG exchange hands on a given day and today's volume is recorded at 15629.