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Zhaopin Receives New Acquisition Offer, Gains 7%; Expert Complements 'Modest Move'
Thursday, May 5, 2016 - 1:20pm | 386Shares of Zhaopin Ltd (ADR) (NYSE: ZPIN), a China-based career platform business that connects users with relevant job opportunities, spiked higher by more than 7 percent after the company received a new acquisition offer. Zhaopin's CEO Evan Sheng Guo, along with a consortium of investors led by...