Tencent offers to take US-listed web search firm Sogou private

Tencent offers to take US-listed web search firm Sogou private

Photo: REUTERS/Jason Lee/File Photo

China’s Sogou Inc said on Monday shareholder Tencent Holdings has made a preliminary offer to buy the rest of the web search firm it did not already control, in a deal that valued the company at about $3.5 billion.