Wilson Sonsini Goodrich & Rosati and Kirkland & Ellis are leading yet another take-private deal for a U.S.-listed Chinese gaming company returning to its home country.

A consortium led by Chinese brokerages Orient Securities Co. Ltd. and Changjiang Securities Co. Ltd. is offering $673 million to privatize Nasdaq-listed China Mobile Games and Entertainment Group Ltd., a Shenzhen-based game developer for Apple and Android phones.

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