51Job sets up committee to evaluate buyout offer

51Job, the China-based recruitment site, announced today that it had formed a special committee tasked with evaluating the $5.3 billion U.S. buyout offer it received last week. DCP Capital Partners, the private equity firm heading the deal, is offering $79.05 per share, a 16% premium over 51Job’s closing price the day before the deal was announced.

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