Renren Announces Cash Dividend, Private Placement and Adoption of Share Repurchase Plan
(Source: ACROFAN USA) These assets include all of Renren’s shares of Social Finance Inc. Upon the closing of the private placement, Renren will no longer hold any shares of OPI and OPI will be entirely owned by the purchasers in the private placement. Renren will continue to operate its SNS business, its used auto business and its SaaS …