Wowo announced merger with Wachovia congregation do catering hotel industry Internet platformJune 5 news, Wowo Ltd. (hereinafter referred to as \u0026 ldquo; Nike Air Max 90 Hyperfuse (Women Wowo \u0026 rdquo;) today announced that it has and all Midland (Hong Kong) Investment Kids Nike KD 7 Co., Ltd. (hereinafter referred to as Nike Shoes Global \u0026 ldquo; all AP \u0026 rdquo;) shareholders signed The final merger agreement, the two sides will set up a catering Hotel Internet company, the company will be named \u0026 ldquo; \u0026 rdquo ;, Nike Zoom Shoes Wowo US public is headquartered in Hong Kong. Under the agreement, all Midland shareholders will Wowo issued 741,422,780 ordinary shares and 30 million Nike Shoes dollars in cash, as consideration to all shareholders to acquire all of Wachovia Wachovia for all outstanding shares. At the same time, Wowo chairman Xu Maodong to $ 10 per American Depositary Receipt (1 American Depositary Receipts equal to 18 ordinary shares) of the private placement price of 40 Women Air Jordan 14 million dollars worth of Nike Air Max 90 Honeycomb Men common stock. After completing the deal and directional trading, all Midland will become a subsidiary of US public Wowo, all Midland shareholders before the transaction will hold Nike Air Max Nike Air Max 1 (Mens) 90 Hyperfuse (Women 50% of all US Wowo outstanding shares. After completion of this transaction, Xu Maodong will hold a 25.26 percent stake in US public outside Wowo issued for all US Wowo's largest shareholder. Public Midland founding shareholder and chairman Zhu Xiaoxia will hold a 14.68 percent stake in US public Wowo out issue. Wang Huimin all Midland founding shareholders will hold 10.06% stake in US Kids Nike KD 7 public Wowo out issue. The merger is expected to close next week. On the management, all the United States Wowo will implement co-chairman and CEO mechanism. Chairman Xu Maodong Wowo Wowo of all the United States, will serve as co-chairman, the incumbent CEO of Wu Jianguang Wowo all the United States, will serve as co-Wowo CEO. Public Midland chairman and CEO Zhu Xiaoxia, will serve as co-chairman of the US public Wowo and CEO.