Ann: Zhaopin Privatisation Announcement, page-3

Well

Company = “Zhaopin” or the “Company”
plan of merger = “Merger Agreement”
SEEK International Investments Pty Ltd = “Parent”
Zebra Mergerco, Ltd = “Merger Company”
Plan of merger required to be filed with the Registrar of Companies of the Cayman Islands = “Plan of Merger”

So Zebra merges with Zhaopin with Zhaopin survives only but becomes under Cayman Island Law.
Wholy owned by Parent (i.e. Seek current controlling share holder of the COMPANY) plus Hillhouse Capital Management, Ltd. and FountainVest Partners (collectively, the “Buyer Group”) and the American depositary shares of the Company (each representing two Class A ordinary shares) (“ADSs”) will no longer be listed on the New York Stock Exchange.




What I don't get is why ZPIN is trading above the price offer price of $18.20USD