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September 01, 2020 10:18am
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Baidu May Buy Renren’s Nuomi Unit

Sohu.com reported that Baidu Inc. (Nasdaq: BIDU) may buy Renren Inc.’s (NYSE: RENN) Nuomi unit. Shares of Baidu soared $4.80 to close at $141.53 while Renren stock gained 61 cents to close at $4.58.

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