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The9 Failed in MSN Share Holding
Online games remain its main business.

The9, one of the top three Chinese online game companies, seems being through a rough time recently. right after the shake in its executive team, comes the news of the break of negotiation with MSN China.

On April 7th, a industry insider released the information that the negotiation between the9 and MSN China about the share had broken. The spokesmen of the9 and MSN China both gave no comment on the news.

"The possibilities of breaking of their negotiation was huge." The insider revealed to our reporter. The news has been confirmed by two the9 related persons, one was the cofunder of Zhu Jun, the other was an amployee of the9.

Concering the two possible reasons of the breaking, one was that Microsoft declined the offer since it's too low; second was that Microsofe was not satisfied with the leaking of the privacy in negotiation by the9.

Last September, news about the9 and MSN China in negotiation was released. It's said that the9 had reached an agreement with LianHe Investment, which held 50% percent shares of MSN China. The9 offered over 100 million USD to take over its shares, thus made its way into traditional internet services.

Article by : 17173
Created On : Tue Apr 15 2008
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