May 8, 2018 / 1:28 PM / 4 months ago

BRIEF-Gridsum Announces Receipt Of Preliminary Non-Binding Proposal

May 8 (Reuters) - Gridsum Holding Inc:

* GRIDSUM ANNOUNCES RECEIPT OF PRELIMINARY NON-BINDING PROPOSAL

* GRIDSUM - GOT PRELIMINARY PROPOSAL FROM FUTUREX CAPITAL TO BUY ALL OUTSTANDING SHARES OF CO IT DOES NOT ALREADY OWN FOR $8.70/ADS IN CASH

* GRIDSUM - FUTUREX CAPITAL INTENDS TO FUND PROPOSED DEAL PRIMARILY WITH EQUITY CAPITAL AND POSSIBLY SOME DEBT CAPITAL Source text for Eikon: Further company coverage:

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