Sohu responds to widely circulated and often untrue rumors

Absrtact: July 20 News, Sohu announced early this morning, on the widely circulated and often untrue rumors to respond. Sohu confirms that in recent months it has been exploring various development options for its holding subsidiary, Sogou. Sogou is considering the option package

July 20 News, Sohu announced early this morning, on the widely circulated and often untrue rumors to respond. Sohu confirms that in recent months it has been exploring various development options for its holding subsidiary, Sogou.

Sogou is considering options including: continue to work with the company's existing non-controlling shareholders to develop its strong products, seek more strategic investors to become Sogou's non-controlling shareholders, or seek a more comprehensive strategic mix. Sohu will continue to hold preliminary discussions with several potential strategic investors and partners.

"The company has not identified any specific strategic partners or transactions, nor has it decided on any significant transactions related to Sogou," said Sohu's co-CEO and CFO Yuchuyan. Sohu will, as always, abide by the rules of the U.S. Securities law and the Nasdaq stock Exchange, and timely announce the significant progress of the market. ”

Yesterday, Reuters reported that Qihoo 360 co-CFO Xu Zuori said he was talking with Sogou about the acquisition, but the negotiations in the initial stage, has not involved in price.