Anyone have an idea what Qihu is going to do with all the money it has to supposedly put into the Sohu deal? I haven't seen this question asked. Is it possible the money wasn't raised for that purpose but there is something else going to pop in the near future. It's hard to believe they would raise the money without a solid deal in the works? I believe it had a conversion price of $110/share and they surely aren't just planning on paying interest on this money without putting it to work.
Any Ideas or information?