Douyu and Huya started the merger, with shares down 9percent and 10percent respectively on Monday

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 Douyu and Huya started the merger, with shares down 9percent and 10percent respectively on Monday


However, the share prices of the two companies were not satisfactory. Both companies stock prices opened sharply, but quickly dived and then gradually declined. As of Mondays close, Betta fell 8.51% to $13.97, with a total market value of $4435 million; Huya fell 9.83% to $24.04, with a total market value of $5.277 billion. Under the agreement, tiger tooth or its subsidiaries will acquire the issued common shares of douyu, and the douyu shareholders will receive an agreed number of new shares issued by Tiger tooth. Source: Wang Fengzhi, editor in charge of Netease science and Technology Report_ NT2541

However, the share prices of the two companies were not satisfactory. Both companies stock prices opened sharply, but quickly dived and then gradually declined. As of Mondays close, Betta fell 8.51% to $13.97, with a total market value of $4435 million; Huya fell 9.83% to $24.04, with a total market value of $5.277 billion.

Under the agreement, tiger tooth or its subsidiaries will acquire the issued common shares of douyu, and the douyu shareholders will receive an agreed number of new shares issued by Tiger tooth.