Phoenix New Media Announces Conversion of Loans to Preferred Shares of Yidian
BEIJING, Dec. 30, 2016 /PRNewswire/ — Phoenix New Media Limited (“Phoenix New Media”, “ifeng” or the “Company”) (NYSE: FENG), a leading new media company in China, today announced that it has agreed to exercise its right to convert US$20 million of loans granted by the Company to…
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