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Baidu (BIDU) is in formal talks with UCWeb about buying a stake in the mobile browser firm,...
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Monday, June 18, 2012, 7:54 AM ETBaidu (BIDU) is in formal talks with UCWeb about buying a stake in the mobile browser firm, according to a WSJ report that backs up chatter that kicked up last week. Speculation has the price tag for UCWeb in the one billion dollar range.
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