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Private Investors To Renren: There's 120% Upside If Go-Private Offer Is Rejected

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Renren Inc. NYSE:RENN - Private Investors To Renren: There's 120% Upside If Go-Private Offer Is Rejected

In the letter, private investors led by John Romero and Patrick Small implore Renren’s Special Committee to “REJECT the extremely low privatization offer” of $4.20 per share made by CEO Joseph Chen and COO James Jian Liu.

According to a sum-of-the parts analysis cited in the note, the...


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