Shanda Games, the publicly traded Chinese online game developer weighing a buyout offer that would value the company at $1.9B, relies on Christensen for financial communications counsel in the U.S. and China.
Controlling shareholders of the company have made a bid to take Shanda private for $6.90 per American depository share, a 21% premium. Shanda's board said it would form a special committee to weigh the offer.
Christensen managing director Linda Bergkamp reps Shanghai-based Shanda in the U.S.
Shanda's NASDAQ-listed shares are trading at the higher end of its $2.68-$6.51 range over the past year. Third quarter revenues were up 3.3% to $182.9M.
Reuters said the buyout offer highlights the growing popularity of online gaming in China, where revenue was up 41% to $3.7B in the third quarter.
Shanda rival Giant Interactive Group received a go-private offer in November. Giant works with FleishmanHillard.