Tarena International Inc. (NASDAQ: TEDU) Receives Antitrust Approval for Proposed Merger With Kidedu Holdings

July 19, 2021

Tarena International Inc. (NASDAQ: TEDU) revealed that it had won an antitrust approval with Chinese regulators regarding its proposed business combination with Kidedu Holdings and Merger Sub’s wholly-owned subsidiary Kidarena Merger Sub.  Tarena to merge with Kidedu Holdings  As per the terms of the agreement, Merger Sub will combine with Tarena. However, it will continue as the surviving company, which will become a subsidiary of Merger Sub in a deal…

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