June 13 (Reuters) - Ten Network Holdings Ltd
KMH Co Ltd <122450.KQ> : Says it plans to merge with three wholly owned subsidiaries, which were mainly engage in online content business .Merger effective date of Dec. 6 and registered date of Dec. 8.
Highlight Communications AG
Constantin Medien AG
Wharf & i-CABLE make joint announcement on communication, media & entertainment segment<0004.HK><1097.HK>
Wharf Holdings Ltd <0004.HK>: Wharf has received a number of preliminary proposals in relation to its CME business from independent third parties . Emphasize that the strategic review is still in progress . Wharf intends to engage in exploratory discussions with the relevant third parties to clarify preliminary proposals . Has not formed any view about any of these preliminary proposals and has therefore not reached any commitment nor entered into any agreements . CME segment is operated under its wholly-owned subsidiary, Wharf Communications Limited ("WCL"), and includes primarily Wharf T&T Limited, WCL's wholly-owned subsidiary, and i-CABLE .
Broadmedia Corp <4347.T>:Says it completed transferring of cloud game business to its unit BMGC on July 1.
Corvex urges Pandora to evaluate results of fulsome sales process against other options - SEC filing
Corvex Management : Urges Pandora to immediately engage independent investment bank to advise on value maximization process, including execution of sales process . Urges Pandora to evaluate results against other options including risk-adjusted value of continuing to operate on standalone basis . Co "has been unable to date to translate its great product into a great business with an attractive public market valuation" . "We believe Pandora can become an even more differentiated product and a more valuable business as a part of a larger enterprise" . "We reiterate our previous offer to sign a confidentiality agreement in order to further our discussion and facilitate additional dialogue" Source: (http://1.usa.gov/1rQe5SV) Further company coverage: [P.N] (Bengaluru Newsroom: +1 646 223 8780).
SM Culture & Contents Co., Ltd:To divest entertainment business into a new wholly owned subsidiary, namely Woollim Entertainment Co., Ltd.Division effective date of June 8 and registration date of June 13.