On September 25, 2017, Zhaopin Limited (NYSE: ZPIN), a leading career platform in China, announced that its shareholders, at an extraordinary general meeting held at that date, have approved the Agreement and Plan of Merger dated April 6, 2017 in connection with its going-private transaction from the New York Stock Exchange. The company’s current market capitalization is at around US$1 billion.
Zhong Lun Law Firm acted as the PRC legal counsel to the Special Committee in this transaction. The legal team from Zhong Lun was led by Anthony Zhao and William Jia, and included Raphael Liu and Cynthia Yuan. Scott Yu provided legal support in relation to anti-trust matters.