Qihoo Wants Out Of Coolpad JV, Demands $1.5B For Its Stake
By Abigail Rubenstein ( September 9, 2015, 12:01 PM EDT) -- Chinese Internet security company Qihoo 360 Technology Co. Ltd. on Monday accused smartphone maker Coolpad Group of breaching the noncompetition provisions of their agreement establishing a joint venture and said Coolpad must buy it out for $1.5 billion....
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