 Sina Corp, the owner of social media platform Weibo, said on Monday it had received a go-private offer of 41 per share in cash from a holding company led by its Chief Executive Officer Charles Chao. The transaction stands at a value of about 2.7 billion, according to Reuters calculations based on the current outstanding shares and represents a premium of nearly 12 as of Thursdays stock closing price. New Wave, which is controlled by Chao, already owns 12.15 stake in Sina, according to Refinitiv-Eikon data. 