Ruhnn (RUHN) Announces Receipt of Preliminary Non-Binding “Going Private” Proposal

POTENTIAL DEAL DETAILS

Stock Ruhnn Holding Limited Symbol RUHN
Date Announced 11/25/2020 Source Press Release
Type Unsolicited Bid Acquiring Company/Person RUNION Holding Limited
Date of Confirmation: 02/03/2021 Price at Confirmation: $3.04
Potential Profit: 5.19% Annualized Profit: 27.06%
Ruhnn Holding Limited (RUHN), a leading internet key opinion leader facilitator in China, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter, dated November 25, 2020, from three founders of the Company, Min Feng, Lei Sun...

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