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Chinese Tech Company Sina To Go Private After 20 Years On Wall Street In $2.6 Billion Deal [ibtimes.com]
Chinese online media company Sina (Nasdaq: SINA) is exiting Nasdaq after trading on Wall Street for 20 years, the latest casualty of the U.S. crackdown on tech companies based in China.
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Chinese search engine Sogou will be taken private by Tencent, in a deal valued at $3.5 billion.