SOHU market cap is $2.5B, so QIHU will pay about 50% of that for sogou. Based on about $66, SOHU will be worth tons. QIHU will compete with BIDU and the stock has ran up quite a lot, 100% up in not many weeks.
So what is the price of SOHU??? Will SOHU shareholders also own QIHU shares? Thx.
Good luck to all. I like SOHU QIHU SINA than BIDU at this point.