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Benzinga

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The Bamboo Works

VNET Finally Gets Some Respect from Unsolicited Suitor

VNET GDS Doug Young Nasdaq China United States USlisted

Key Takeaways:

VNET has received an unsolicited buyout offer that is 50% higher than its previous stock price, sparking a 30% surge in its shares
Company is the relative laggard among China’s three major independent data center operators despite its status as the oldest of the group

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