Search engine and security software provider Qihoo 360 (QIHU) received a buyout offer from its CEO Hongyi Zhou. The consortium led by Zhou is offering to buy out minority shareholders at $77.00 in cash per ADS. Qihoo closed at $66.05 yesterday, giving investors 16.6% premium.The list provided is good, but too short.
...More than a dozen Chinese companies have received management-led buyout offers this year. But Qihoo is the biggest. It had $8.5 billion market cap as of yesterday’s close.
So who are next?
The US Threatens to Sanction Companies That Don’t Give a Damn
-
The Biden Administration claims Chinese companies are helping Russia
rebuild its war machine. The US sanction proposal is laughable. China's
counterthreat ...
No comments:
Post a Comment