Solution-Max: Tencent offered to buy out and take private NYSE-listed Chinese search giant Sogou for $2.1B; Tencent owns about 39% of Sogou and has majority voting power (Bloomberg)

Saturday, August 1, 2020

Tencent offered to buy out and take private NYSE-listed Chinese search giant Sogou for $2.1B; Tencent owns about 39% of Sogou and has majority voting power (Bloomberg)

Bloomberg:
Tencent offered to buy out and take private NYSE-listed Chinese search giant Sogou for $2.1B; Tencent owns about 39% of Sogou and has majority voting power — - The WeChat operator is bidding $9 per ADS for Sohu's unit — Chinese tech firms are increasingly exploring U.S. delistings

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