Phoenix new media says expected to sell total of 29.19% of total outstanding shares of particle to proposed buyers for about $427.3 mln in cash

Phoenix new media announces further update on proposed sale of investment in yidian.phoenix new media - entered agreement with long de entities to settle dispute regarding entities' co-sale rights under shareholders agreement of particle inc.phoenix new media - long de entities to sell about 9.8 million preferred shares of particle to proposed buyers for about $20.7 million in cash.phoenix new media - expected to sell total of 29.19% of total outstanding shares of particle to proposed buyers for about $427.3 million in cash.phoenix new media - completed delivery of particle shares to proposed buyers & got $200 million for such shares & further deposit of us$50 million.phoenix new media ltd - there are still uncertainties as to completion of remaining part of proposed transaction.
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