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Letv

TCL and Letv Announce Strategic Cooperation

TCL Multimedia and Letv announced jointly that Letv has subscribed to an approximate 20 percent stake in TCL Multimedia through Letv Zhixin’s newly-established wholly-owned subsidiary in Hong Kong. Upon completion of the deal, Letv will become the second largest shareholder of TCL Multimedia. Under the terms of the share subscription agreement, Letv, through the Hong […] Continue reading →