Feb 6 (Reuters) - Ata Inc:
* ATA ENTERS INTO DEFINITIVE AGREEMENT FOR THE SALE OF ITS WHOLLY-OWNED SUBSIDIARY ATA ONLINE
* ATA INC - DEAL FOR US$200 MILLION IN CASH
* ATA - HAS ENTERED INTO A SHARE PURCHASE AGREEMENT WITH A GROUP OF INVESTORS INCLUDING TWO ENTITIES AFFILIATED WITH FUNDS MANAGED BY CDH INVESTMENTS
* ATA - IF DEAL IS COMPLETED, CO WILL NO LONGER CONDUCT TESTING DEVELOPMENT & DELIVERY BUSINESS CURRENTLY OPERATED BY ATA ONLINE
* ATA INC - SPECIAL COMMITTEE UNANIMOUSLY RESOLVED TO APPROVE SHARE PURCHASE AGREEMENT AND TRANSACTION
* ATA - BOARD PRELIMINARILY APPROVED TO USE PORTION OF PROCEEDS FROM DEAL TO PAY CASH DIVIDEND TO SHAREHOLDERS
* ATA INC - SALE OF ATA ONLINE WILL NOT ALTER RIGHTS, PRIVILEGES OR NATURE OF ISSUED AND OUTSTANDING SHARES
* ATA INC - BOARD ACTING UPON UNANIMOUS RECOMMENDATION OF SPECIAL COMMITTEE, APPROVED DEAL, SHARE PURCHASE AGREEMENT AND RELATED TRANSACTION DOCUMENTS
* ATA INC - IF DEAL IS COMPLETED, ATA WILL NO LONGER CONDUCT TESTING DEVELOPMENT AND DELIVERY BUSINESS CURRENTLY OPERATED BY ATA ONLINE
* ATA INC - SHAREHOLDER WHO OWNS CO'S SHARES, ADSS IMMEDIATELY PRIOR TO CLOSING OF DEAL TO CONTINUE TO HOLD SAME NUMBER OF SHARES OR ADSS AFTER CLOSING Source text for Eikon: Further company coverage: