Qihoo 360, Investors Ink $29.75M Deal Over $9.3B Merger Suit

[Gunnar Larson]

Qihoo 360, Investors Ink $29.75M Deal Over $9.3B Merger Suit
<https://www.law360.com/capitalmarkets/articles/1797507?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-14&read_main=1&nlsidx=0&nlaidx=7>

By Sydney Price

Investors suing Chinese software company Qihoo 360 Technology Co. Ltd.
asked a New York federal judge to approve a $29.75 million settlement
ending claims the firm worked to push down its share price in order to pay
shareholders an unfairly low price when it went private by means of a $9.3
billion merger.

 Memorandum attached | Read full article »
<https://www.law360.com/capitalmarkets/articles/1797507?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-14&read_more=1&nlsidx=0&nlaidx=7>
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