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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