Sohu (SOHU.US) rose 13.58% to $18.9 as of 20:16 Beijing time, while Sogou (SOGO.US) rose 5.72% to $8.69 before Friday, Zhitong Financial APP learned. China's antitrust regulator is preparing to approve Tencent's (00700) plan to privatize Sogou: the State Administration of Market Supervision and Administration does not object to Tencent's $3.5 billion acquisition of the remaining 60 per cent of Sogou, according to relevant media reports. Tencent must agree to establish a special mechanism to ensure data security.
美股异动 | 搜狐(SOHU.US)盘前涨超13%，传腾讯(00700)收购搜狗(SOGO.US)交易将获批
Us stocks change | Sohu (SOHU.US) rose more than 13% before trading. It is said that Tencent's (00700) acquisition of Sogou (SOGO.US) will be approved.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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