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LendingClub's shares rise as Shanda Group acquires stake - DIGITALLOOK

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LendingClub's shares rise as Shanda Group acquires stake
Singapore-based investment company Shanda Group has acquired an 11.7% stake in under-pressure LendingClub, pushing the beleaguered shares up more than 8% today. Shanda has bought a total of about 29 million shares in LendingClub for $148.7 ...

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