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eLong Completes Going Private Transaction
- Client News
- May 31, 2016
eLong, Inc., a leading mobile and online travel service provider in China, announced the completion of its merger with China E-dragon Mergersub Limited, a wholly owned subsidiary of China E-dragon Holdings Limited. Paul, Weiss represented the consortium of beneficial owners of China E-dragon, including affiliates of Tencent Holdings Limited and Ctrip.com International, Ltd., and Ocean Imagination L.P., Luxuriant Holdings Limited, Oasis Limited and Mr. Rong Zhou. As a result of the merger, eLong ceased to be a publicly traded company and became a wholly owned subsidiary of China E-dragon.
The Paul, Weiss team included corporate partner Steven Williams and counsel Paul Donnelly; and employee benefits partner Lawrence Witdorchic.