Hey there, Observers and Taiwan Daily News fans!
Taiwan Observer is pleased to announce that we have entered into a definitive merger agreement with Taiwan Daily News In English, a leading provider in the English news market in Taiwan.
This takeover from Taiwan Daily News in English, based in Taichung, further strengthens our position in the market, and will bring great things for everyone involved. The combination of Taiwan Observer and Taiwan Daily News In English will provide our audience more news and environmental activism than ever before. There will be so much news and environmental activism in your Facebook news feed, the anti-climate change movement will be inescapable. On your TV, on the internet, on the underside of bottle caps – wherever you look there will be more news and environmental activism.
As with all important business decisions, we want to work closely with our audience to make this transition as smooth as possible. Taiwan Daily News in English and Taiwan Observer are now undertaking the integration process that starts on April 1, 2019, and is scheduled to be completed by May 1, 2019.
As we wish to be transparent with our audience, we will disclose our deal publicly. For an undisclosed sum of shares in the Taichung Power Plant, the second largest coal-fired power station in the world and also the world’s largest emitter of carbon dioxide with approximately 40 million tons annually (or about as much as the country of Switzerland as a whole), Taiwan Daily News in English will be taking over Taiwan Observer. We would also like to voice our appreciation to the main Taiwanese power company for all their support in our endeavor!
The new name of the company will be The Taiwan Daily News In English Observer Media And News Group and Environmental Activist Organisation.