TuanChe Ltd
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Communication Services : Media |
Based in China
Company profile

TuanChe Limited is a China-based company principally operates an omni-channel automotive marketplace. The Company mainly provides integrated marketing solutions and virtual dealership services. Its integrated marketing solutions include transaction-facilitating auto shows. The Company mainly conducts its businesses through two segments: Auto Shows and Group-purchase Facilitation segments. Its auto shows involves four phases: annual planning, event request initiation, event planning and event execution. Its services in virtual dealership includes distribution channel expansion services for automakers and sourcing services for secondary dealers. Its online platform consists of its Website tuanche.com, its official WeChat account, its WeChat mini-program and its mobile applications.

This security is an American depositary receipt
ADR Fees
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Closing Price
$0.9497
Day's Change
0.0127 (1.36%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.18
Day's Low
0.86
Volume
(Heavy Day)
Volume:
556,904

10-day average volume:
57,365
556,904

National General Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether The Sale Of National General Holdings Corp. Is Fair To Shareholders; Investors Are Encouraged To Contact The Firm

11:22 am ET July 8, 2020 (PR Newswire) Print

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of National General Holdings Corp. (NASDAQ: NGHC) to The Allstate Corporation for $34.50 per share is fair to National General shareholders. Under the terms of the proposed transaction, National General shareholders will receive $32.00 per share in cash from Allstate, plus closing dividends expected to be $2.50 per share. On behalf of National General shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

https://mma.prnewswire.com/media/1157717/Halper_Sadeh_LLP_Logo.jpg

If you are a National General shareholder and would like to discuss your legal rights and options, please visit National General Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether National General and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for National General shareholders; (2) determine whether Allstate is underpaying for National General; and (3) disclose all material information necessary for National General shareholders to adequately assess and value the proposed transaction.

If you are a National General shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/national-general-holdings-corp-nghc-stock-merger-allstate/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:Halper Sadeh LLPDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060sadeh@halpersadeh.comzhalper@halpersadeh.com https://www.halpersadeh.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/national-general-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-national-general-holdings-corp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm-301090182.html

SOURCE Halper Sadeh LLP

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