renren has 2.2 per share cash position. Bidu buys it out for 6 dollars per share. so it is really only 3.8 dollars per share spent, making it close to 4 billion out of pocket or stock swap. lets look at it, it is possible. what do you think?
RENN is NOT FB
exactly, that is why I am saying it is worth approximately 5 billion market cap and not 115 billion. at the same time, renren has multiple business models.