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AppLovin Restructures Sale To Chinese Firm

  • Reuters, Sunday, November 26, 2017 10:13 PM
AppLovin -- the U.S. mobile marketing firm -- just restructured a $1.4 billion plan to sell itself to Chinese buyout firm Orient Hontai Capital into a debt investment, Reuters reports. “The move illustrates how companies have been looking for ways to get their deals past the Committee on Foreign Investment in the United States (CFIUS), a U.S. government panel that scrutinizes transactions for potential national security threats,” Reuters writes.

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