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Investor consortium to acquire Qihoo 360 for USD 9.3 bln
2015-12-21 09:07:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Qihoo 360 has entered into a definitive merger agreement. Qihoo 360 will be acquired by a consortium of investors in an all-cash transaction valued at approximately USD 9.3 billion, including the redemption of approximately USD 1.6 billion of debt.
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Category:Telecommunications
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