Investor challenges Baidu on sale of video service to CEO

Investor challenges Baidu on sale of video service to CEO

Women are photographed in front of a Baidu sign during a new product launch in Shanghai, China, November 26, 2015. REUTERS/Aly Song/Files

Acacia Partners LP, an investor in Baidu Inc., criticized the search company for considering a sale of its video unit to a group led by its chairman at a price that is “far too low.”

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