The9 Limited Announces Signing of Non-Binding Term Sheet with Strategic Investor Shanghai Oriental Pearl Culture Development Co., Ltd.

SHANGHAI, Oct. 21, 2013 /PRNewswire-FirstCall/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an online game developer and operator, today announced that it has entered into a non-binding term sheet for the possible issue of common shares by Red5 Studios, Inc. ("Red 5"), a subsidiary of The9,...

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