News about CYOU and SOHU# Stock
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Changyou.com to buy 17173.com from Sohu
Chinese online game developer Changyou.com Ltd. has agreed to buy a game
information website from majority shareholder Sohu.com Inc. SOHU +0.44% for
US$162.5 million, the companies said in a statement Tuesday.
The website, 17173.com, is a news provider and advertising medium for games
in China, the statement said. The transaction is expected to close in
December, according to the statement.
Any comments? Frogs
Chinese online game developer Changyou.com Ltd. has agreed to buy a game
information website from majority shareholder Sohu.com Inc. SOHU +0.44% for
US$162.5 million, the companies said in a statement Tuesday.
The website, 17173.com, is a news provider and advertising medium for games
in China, the statement said. The transaction is expected to close in
December, according to the statement.
Any comments? Frogs