|Bid||19.08 x 800|
|Ask||19.12 x 800|
|Day's Range||18.61 - 19.40|
|52 Week Range||5.41 - 25.71|
|Beta (5Y Monthly)||2.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2020 - Nov 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.27|
What happened Shares of Sohu.com Limited (NASDAQ: SOHU) soared on Tuesday after the company announced its subsidiary Sogou (NYSE: SOGO) is being acquired by Chinese conglomerate Tencent Holdings (OTC: TCEHY) for $1.
Sohu.com Limited (NASDAQ: SOHU) ("Sohu" or the "Company"), China's leading online media, video, search and gaming business group, announced today that its subsidiary Sogou Inc. (NYSE: SOGO) ("Sogou") has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with THL A21 Limited ("THL"), TitanSupernova Limited ("Parent"), and Tencent Mobility Limited ("TML") (THL, Parent, and TML, collectively, the "Tencent Parties"), each of which is a direct or indirect wholly-owned subsidiary of Tencent Holdings Limited ("Tencent"), pursuant to which Parent will be merged with and into Sogou in an all-cash transaction (the "Merger"), and Sogou will become an indirect wholly-owned subsidiary of Tencent.
NEW YORK, NY / ACCESSWIRE / September 10, 2020 / Labaton Sucharow, a nationally ranked shareholder rights firm, is investigating potential securities violations against Changyou.