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China’s Games Streaming Giants Huya and DouYu to Merge

variety.com

Patrick Frater Asia Bureau ChiefChina’s two largest games live streaming companies Huya and DouYu, both of which have U.S. share listings, are to merge.

The deal was initiated by social media, games and streaming giant Tencent.According to terms published on Monday, the shareholders of the two companies will come out roughly equal, and Huya will make an all stock offer for the shares of DouYu.

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