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BEIJING: Airbnb Inc's founders were moments away from merging their China business with local competitor Tujia in January 2017. Executives and investors spent hours hashing out a deal. Preliminary term sheets were drawn up. Then in the final hour of negotiations, Airbnb pulled out.
Posted from my blog with SteemPress : http://outinchiangmai.com/airbnb-refuse-china-buyout-offer/