EHI Car Rental (NYSE:EHIC) announced today，The Financial Services Division of the Grand Court of the Cayman Islands (GCotCI) issued a final ruling today，Stated that Ctrip Investment Holdings Ltd’s previous accusations against eHi Car Rental in the indictment were not established。

The lawsuit between the two parties originated from the privatization of eHi Car Rental。April 6, 2018，EHI Car Rental announces a merger agreement with Teamsport Parent，The latter will be sold at 6 per ordinary share.$75 cash (i.e. 13 ADS per share.US$50) Acquisition of eHi Car Rental。Teamsport Parent is led by Zhang Ruiping, chairman and 188bet Online Sports Betting and Casino CEO of the company，Other members include Baring Asia and Amboka, etc.。

But April 13, 2018，After the transaction was approved by the eHi Car Rental Board of Directors，Ctrip files petition and injunctive relief to the Grand Court of the Cayman Islands，Requesting the special committee under the board of directors of eHi Car Rental to evaluate the preliminary non-binding offer made by private equity firm Ocean Link on April 2。The latter introduced Ctrip as a partner，Joint bid for eHi Car Rental，Quote is ADS 14 per share.USD 50。

Ctrip thinks，EHI Car Rental chooses to reach a merger agreement with Teamsport Parent，The motives are inappropriate。But the Cayman Islands Grand Court held that，There is no basis for Ctrip’s statement。After the court made this ruling，Ctrip Alliance increased its bid for eHi Car Rental。

To this，The special committee of eHi Car Rental said today: "The special committee composed of independent directors has evaluated the previous offer of the Ctrip Alliance，New 188bet sports betting app download quotes will also be evaluated in the future。But，After the court just made the final ruling，Ctrip Alliance will increase the quotation immediately，His true motives will inevitably raise questions。”

EHi Car Rental issued a statement on April 16 this year，The sale to Teamsport Parent is in the best interests of the company and its shareholders。EHI car rental scale，On the recommendation of the Company’s Special Independent Committee，After careful consideration by the company’s board of directors，Decided to sign the merger agreement with Teamsport Parent。This transaction is in the best interests of the company and shareholders，Compared to other takeover offers，is the only feasible solution。

188bet app download Ctrip Alliance raises eHi Car Rental bidding price，True motives questioned》.