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Stock Market & Financial Investment News

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February 28, 2014
07:23 EDTSOHUSohu rumored to discuss video business merger, Marbridge Daily says
Sohu is rumored to have conducted extensive closed-door meetings with Tencent regarding a potential online video partnership and the companies are said to have come to a tentative agreement to merge their respective online video businesses, according to Sohu IT, reported Marbridge Daily. The resulting new company would be headed by Sohu's chairman and CEO, with Tencent as a strategic, but not controlling, partner, the report claims. Reference Link
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