date:Oct 23, 2012
American Lorain Corporation, Junan County, Shandong Province,China, has received a preliminary, non-binding proposal from itsChairman, CEO and President Si Chen, to take the company privateby buying all the shares he doesnt already at a proposed priceof $1.6 per ordinary share, in cash, subject to certain conditions.
American Lorain's products include frozen and other conveniencefood products, and chestnuts. It currently sells over 240products to 26 provinces and administrative regions in Chin