Thursday, September 13, 2007
The nationalized Chinese partner of MSN, Microsoft's online services set, desires to sell its fortune in the China-based joint venture, state press reported lately. Shanghai Alliance Investment that established the Shanghai MSN Network Communications joint venture with Microsoft during May 2005 is hunting for buyers of its venture, the 21st Century Business Herald reported. "Alliance Investment opened to approach possible buyers last month," the report said, citing a basis close to Alliance Investment. Both parties have 50 percent of the venture.
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posted by power
@ 12:15 AM
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