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Qihoo 360 Technology Co. Ltd. Message Board

  • djgustave djgustave Aug 6, 2014 12:50 PM Flag

    No dilution for 3 years

    Terms seem good. Approximately $10 million per year in interest payments for the next 6-7 years for $900 million cash, less fees/expenses. No dilution until at least 8/15/2017. Conversion price $120-$125. Completely sold out, if not oversold.
    Seems mildly positive to me.

    Sentiment: Hold

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