RENN [Renren] 6-K: Renren Announces Acquisition of Online Video Site 56.com
[Renren Announces Acquisition of Online Video Site 56.com BEIJING, September 27, 2011 Renren Inc. (NYSE: RENN) (Renren or the Company), Chinas leading real-name social networking internet platform, announced today that it has entered into a definitive agreement to acquire 100% of 56.com, a leading user generated content (UGC) online video sharing site in China. The consideration for this acquisition]