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Aggregated China Business Blogs
Acacia Partners Accuses Baidu's Robin Li For Undervaluing iQiyi In Proposed Buyout
Aggregated Source: China Money Network
baidu33New York-based hedge fund Acacia Partners LP has accused Baidu Inc.'s chief executive Robin Li for buying its video unit from the Internet giant at a price far below its value, according to a letter sent to Li. Robin Li and's chief executive Yu Gong submitted a non-binding offer in February to acquire Baidu's […]

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