SOHU.COM INC. (NASDAQ:SOHU) Files An 8-K Other Events
Item8.01
| Other Events. |
On May26, 2017, the registrants majority-owned subsidiary
Changyou.com Limited (NASDAQ: CYOU) (Changyou) issued a
press release announcing that the board of directors of Changyou
(the Changyou Board) has formed a special committee to review and
evaluate a previously-announced non-binding proposal (the
Proposal) that the Changyou Board received on May22, 2017 from
Dr.Charles Zhang, the Chairman and Chief Executive Officer of the
registrant and the Chairman of the Board of Changyou, for the
acquisition of all outstanding shares in Changyou, including
shares represented by American depositary shares, by an
acquisition vehicle to be formed by Dr.Zhang. A copy of the press
release issued by Changyou regarding the foregoing is filed
herewith as Exhibit2.1 and is incorporated herein by
reference.
(d)
Exhibits.
| 2.1 |
Press release: Changyou.com Announces Formation of Independent Special Committee to Review Preliminary Non-Binding Proposal to Acquire the Company |
Safe
Harbor Statement
This report may
contain forward-looking statements. Statements that are not
historical facts, including statements about the registrants
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. We caution you that a number of important factors
could cause actual results to differ materially from those
contained in any forward-looking statement. There can be no
assurance that any definitive offer relating to the Proposal will
be made to Changyou, that any definitive agreement relating to
the Proposal will be entered into by Changyou, or that a
transaction based on the Proposal or any other similar
transaction will be approved or consummated.
About SOHU.COM INC. (NASDAQ:SOHU)
Sohu.com Inc. (Sohu) is an online media, search and game service company providing online products and services on personal computers (PCs) and mobile devices in the People’s Republic of China (the PRC). The Company operates through three segments: the Sohu segment; the Sogou segment, and the Changyou segment. Sogou is an online search, client software and mobile Internet product provider in China. Changyou is an online game developer and operator in China as measured by its MMOG Tian Long Ba Bu (TLBB) and its mobile game TLBB three-dimensional (TLBB 3D), and engages primarily in the development, operation and licensing of online games for PCs and mobile devices. The Sohu segment’s main business is the brand advertising business, which offers to users, over its matrices of Chinese language online media, various content, products and services across multiple Internet-enabled devices. SOHU.COM INC. (NASDAQ:SOHU) Recent Trading Information
SOHU.COM INC. (NASDAQ:SOHU) closed its last trading session down -0.11 at 46.50 with 495,629 shares trading hands.
