The merger contemplated in the Merger Agreement, which is currently expected to close around the end of the first quarter of 2013, is subject to the approval by an affirmative vote of shareholders representing two-thirds or more of the Company's ordinary shares present and voting in person or by proxy as a single class at an extraordinary general meeting of the Company's shareholders which will be convened to consider the approval and adoption of the Merger Agreement and the merger, as well as certain other customary closing conditions. Parent has agreed to vote to approve the Merger Agreement and the merger. If completed, the merger will result in the Company becoming a privately-held company and its ADSs would no longer be listed on the New York Stock Exchange.Oppenheimer & Co. Inc. is serving as financial advisor to the Special Committee. Cleary Gottlieb Steen & Hamilton LLP is serving as United States legal advisor to the Special Committee and Walkers is serving as Cayman Islands legal advisor to the Special Committee. Wilson Sonsini Goodrich & Rosati, P.C. is serving as United States legal advisor and Conyers Dill & Pearman is serving as Cayman Islands legal advisor to the Company and to Parent. O'Melveny & Myers LLP is serving as United States legal advisor to Oppenheimer & Co. Inc.
SYSWIN Inc. Enters Into Definitive Agreement With Brilliant Strategy Limited And Brilliant Acquisition Limited For "Going Private" Transaction
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