Lenovo is the largest personal computer maker in China and the fourth-largest maker of PCs after Dell, Hewlett-Packard and Acer. But Lenovo has just reported its third consecutive quarterly loss.
A spokeswoman for Legend, Gui Lin, confirmed the academy’s decision to sell the stake, and said the academy wanted to improve management of the company by bringing in another investor with better knowledge of corporate governance and more market expertise.
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