Tongcheng Travel and eLong Delay Composite Document for Conditional Cash Offer to Acquire Dida Inc.

Bulletin Express07-20

Tongcheng Travel Holdings Limited (Tongcheng Travel), eLong, Inc. (the Offeror) and Dida Inc. (Dida) jointly announced a postponement in the despatch of the composite offer document relating to the proposed voluntary conditional general cash offer for all issued shares of Dida, as well as any outstanding options and RSU-related shares.

The Takeovers Code requires the composite document to be issued within 21 days of the 29 June 2026 Rule 3.5 announcement, setting the original deadline at 20 July 2026. The parties have applied for, and the Executive has indicated it is minded to grant, an extension to 31 July 2026. The additional time is needed to finalise the independent financial adviser’s letter and certain financial details of Dida.

The transaction remains subject to the satisfaction or waiver of the stated conditions. Accordingly, the share, option and RSU offers may or may not become unconditional. All shareholders, optionholders, RSU holders and potential investors are urged to exercise caution when dealing in Dida securities.

Further announcements will be released once the composite document and accompanying form of acceptance are despatched.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1114093829?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-20 21:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1114093829","market":"us","top_or_hot":-1,"title":"Tongcheng Travel and eLong Delay Composite Document for Conditional Cash Offer to Acquire Dida Inc.","media":"Bulletin Express","content":"<p>Tongcheng Travel Holdings Limited (Tongcheng Travel), eLong, Inc. (the Offeror) and Dida Inc. (Dida) jointly announced a postponement in the despatch of the composite offer document relating to the proposed voluntary conditional general cash offer for all issued shares of Dida, as well as any outstanding options and RSU-related shares.</p>\n<p>The Takeovers Code requires the composite document to be issued within 21 days of the 29 June 2026 Rule 3.5 announcement, setting the original deadline at 20 July 2026. The parties have applied for, and the Executive has indicated it is minded to grant, an extension to 31 July 2026. The additional time is needed to finalise the independent financial adviser’s letter and certain financial details of Dida.</p>\n<p>The transaction remains subject to the satisfaction or waiver of the stated conditions. Accordingly, the share, option and RSU offers may or may not become unconditional. All shareholders, optionholders, RSU holders and potential investors are urged to exercise caution when dealing in Dida securities.</p>\n<p>Further announcements will be released once the composite document and accompanying form of acceptance are despatched.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tongcheng Travel and eLong Delay Composite Document for Conditional Cash Offer to Acquire Dida Inc.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTongcheng Travel and eLong Delay Composite Document for Conditional Cash Offer to Acquire Dida Inc.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-07-20 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tongcheng Travel Holdings Limited (Tongcheng Travel), eLong, Inc. (the Offeror) and Dida Inc. (Dida) jointly announced a postponement in the despatch of the composite offer document relating to the proposed voluntary conditional general cash offer for all issued shares of Dida, as well as any outstanding options and RSU-related shares.</p>\n<p>The Takeovers Code requires the composite document to be issued within 21 days of the 29 June 2026 Rule 3.5 announcement, setting the original deadline at 20 July 2026. The parties have applied for, and the Executive has indicated it is minded to grant, an extension to 31 July 2026. The additional time is needed to finalise the independent financial adviser’s letter and certain financial details of Dida.</p>\n<p>The transaction remains subject to the satisfaction or waiver of the stated conditions. Accordingly, the share, option and RSU offers may or may not become unconditional. All shareholders, optionholders, RSU holders and potential investors are urged to exercise caution when dealing in Dida securities.</p>\n<p>Further announcements will be released once the composite document and accompanying form of acceptance are despatched.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00780","symbol_name":"同程旅行","start_time":0,"source_url":"","article_id":"1114093829","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114093829","pubTimestamp":1784554907,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Tongcheng Travel Holdings Limited (Tongcheng Travel), eLong, Inc. (the Offeror) and Dida Inc. (Dida) jointly announced a postponement in the despatch of the composite offer document relating to the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00780":"同程旅行"},"translate_title":"同程旅游和艺龙推迟有条件现金收购嘀嗒公司的综合文件。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00780":1},"content_text":"Tongcheng Travel Holdings Limited (Tongcheng Travel), eLong, Inc. (the Offeror) and Dida Inc. (Dida) jointly announced a postponement in the despatch of the composite offer document relating to the proposed voluntary conditional general cash offer for all issued shares of Dida, as well as any outstanding options and RSU-related shares.\nThe Takeovers Code requires the composite document to be issued within 21 days of the 29 June 2026 Rule 3.5 announcement, setting the original deadline at 20 July 2026. The parties have applied for, and the Executive has indicated it is minded to grant, an extension to 31 July 2026. The additional time is needed to finalise the independent financial adviser’s letter and certain financial details of Dida.\nThe transaction remains subject to the satisfaction or waiver of the stated conditions. Accordingly, the share, option and RSU offers may or may not become unconditional. All shareholders, optionholders, RSU holders and potential investors are urged to exercise caution when dealing in Dida securities.\nFurther announcements will be released once the composite document and accompanying form of acceptance are despatched.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1114093829","isCrawlerRequest":true}