Baidu Signs Definitive Agreement to Acquire 91 Wireless
August 14, 2013 at 05:47 AM EDT
Baidu, Inc. (NASDAQ: BIDU ) today announced that its wholly-owned subsidiary Baidu (Hong Kong) Limited has signed a definitive merger agreement (the "Agreement") to acquire a 100 percent equity interest in 91 Wireless Websoft Limited ("91 Wireless") from NetDragon Websoft Inc. (HKEx:777) ("NetDragon") and other shareholders. 91 Wireless is