Qihoo 360 May Go Private; China Stocks Turbocharge

By | June 17, 2015

Scalper1 News

Chinese security software and Web search firm Qihoo 360 Technology (QIHU) has become the latest Chinese tech firm in recent weeks to announce it’s received an offer to go private, sending a host of China stocks rising. Qihoo 360 said it has received a buyout offer worth $10 billion from a consortium led by its CEO, Chinese Internet billionaire Zhou Hongyi. Others in the buyout group include CITIC Securities, Golden Brick Capital Private Equity Scalper1 News

Scalper1 News