BRIEF-Ctrip's Invested Companies, Elong And Tongcheng Network, Announce Agreement To Merge
Dec 29 (Reuters) - Ctrip.Com International Ltd:
* CTRIP'S INVESTED COMPANIES, ELONG AND TONGCHENG NETWORK, ANNOUNCE AGREEMENT TO MERGE
* CTRIP.COM INTERNATIONAL - E-DRAGON HOLDINGS AND TONGCHENG NETWORK ENTERED TRANSACTION DOCUMENTS IN CONNECTION WITH MERGER AS TONGCHENG-ELONG HOLDINGS
* CTRIP, ALONG WITH TENCENT HOLDINGS LIMITED , WILL BE MAJOR STRATEGIC SHAREHOLDERS OF TONGCHENG-ELONG
* JAMES LIANG, CTRIP'S CO-FOUNDER AND EXECUTIVE CHAIRMAN, WILL SERVE AS NEW COMPANY'S CO-CHAIRMAN
* HEPING MA, TONGCHENG CO-FOUNDER AND TONGCHENG NETWORK PRESIDENT AND HAO JIANG, ELONG CEO, WILL BE CO-CEOS OF NEW CO Source text for Eikon: Further company coverage: