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Tianli Agritech reports first quarter 2014 results
date:May 14, 2014
d and sold 3 million shares of its common stock (the Shares) to Mr. Wang for an aggregate consideration of $6 million, or $2.00 per share. The offering price represents an approximately 13% premium over the closing price of $1.77 on March 21, 2014. As a condition of the sale, Mr. Wang agreed not to sell the Shares for 18 months and thereafter at not less than $2.00 per share.

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