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Qunar Rejects Ctrip Takeover Bid, Takes In PE Firm Cash

By Abigail Rubenstein (June 2, 2015, 11:35 AM EDT) -- Chinese travel website operator Qunar Cayman Islands Ltd. on Monday rejected a takeover bid from rival Ctrip.com International Ltd. and separately announced that private equity firm Silver Lake had led a $500 million investment round in the company....

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