CEO, chairwoman offer to take E-Commerce China private

Reuters

(Reuters) - Chinese online book and media retailer E-Commerce China Dangdang Inc's chief executive, Guoqing Li, and Chairwoman Peggy Yu Yu offered to take the company private. The all-cash offer of $7.812 per American Depositary Share represents a 20 percent premium to the stock's Wednesday closing price of $6.51, the company said on Thursday. (The story adds dropped word "percent" in second paragraph and media packaging code) (Reporting By Arathy S Nair in Bengaluru; Editing by Simon Jennings and Saumyadeb Chakrabarty)