Weibo owner Sina to go private in $2.6 billion deal

(Reuters) - Chinese internet firm Sina Corp, owner of social media platform Weibo, will be taken private by a holding company led by its Chief Executive Officer Charles Chao in a $2.6 billion deal, the company said on Monday.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur)

09/28/2020 9:52

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