Citic Offers To Take Software Co. AsiaInfo-Linkage Private

Law360, New York (January 20, 2012, 3:25 PM EST) -- A subsidiary of Chinese private equity firm Citic Capital Holdings Ltd. has offered to take software company AsiaInfo-Linkage Inc. private for an undisclosed price that is a premium over its current stock price of $11.99 per share, AsiaInfo-Linkage announced Friday.

Citic Capital proposed a cash purchase of all of AsiaInfo-Linkage's outstanding shares, and the company created a special committee of the board of directors to consider the proposal and any possible alternatives, according to the statement.

The proposal comes three days after analysts at Jeffries Group...
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