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 Qiyi.com's chief executive Yu Gong submitted a non-binding offer in February to acquire Baidu's […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.


Visit the original source and full text: China Money Network