August last year，ATA, a US-listed company, said it has signed a final acquisition agreement with Beijing Meizheng 188bet Live Casino Travel Service Co., Ltd.，will acquire 100% of its shares，The total purchase price is RMB 50 million。But March 7，ATA announced the termination of its acquisition of Midea。According to ATA announcement，The transaction was terminated because Midea and its shareholders did not meet certain closing conditions for such an acquisition。After termination of acquisition，ATA said it will establish a strategic partnership with Midea，At the same time, ATA will also continue to look for potential targets in the 188bet Live Casino education field。

Data display，ATA focuses on examination assessment technology and services，Listed on NASDAQ in 2008。Last year’s acquisition was seen as a move by ATA to expand its business scope，Also regarded as transforming from technical services to educational services、A major move to try to change its marginal position in the US stock market，It is also its official layout for the 188bet Live Casino education travel market。

ATA President Huang Wei once said，International study tour business is the fastest growing segment in the entire international education business and the entire education sector，The annual growth rate remains at around 40%，And with the increase in market penetration，Continuously sinking into third- and fourth-tier cities，Therefore，International study tour will experience a long-term rapid development stage。In the future, the international study tour sector will also show an oligarchy pattern like various domestic education sectors，ATA hopes to develop Meitrip into a leading brand in the international study tour market segment。It’s worth noting，Meizheng’s main business is international study tours and 188bet Live Casino services，The latter has a mature B2B distribution network and abundant overseas resources。

For plans after the termination of the acquisition，ATA said it will continue to develop international education services business。In the past year，ATA dedicates its resources to creating project-based learning educational experiences，To supplement Chinese students’ classroom learning。ATA has cooperated with Beauty Trip，The team provides international education, study tours and 188bet Live Casino services to Chinese students。The benefits that future acquisitions can bring，ATA’s performance will be the key。

*Source of this 188bet Live Casino: Beijing 188bet Live Casino Daily, author: Liu Siwen, originalTitle:《ATA announced the termination of its acquisition of Midea，Plan to develop 188bet Live Casino education business on your own》.