Huya Announces Receipt of Preliminary Non-Binding Proposal from Tencent
GUANGZHOU, China, Aug. 10, 2020 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game live streaming platform in China, today announced that its Board of Directors (the “Board”) has received a preliminary non-binding proposal letter, dated August 10, 2020, from Tencent Holdings Limited (“Tencent”), proposing that Huya and DouYu International Holdings Limited (“DouYu”) enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which H…
