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

By Sydney Price (February 13, 2024, 8:45 PM EST) -- 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....

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