Sohu Com Inc. (SOHU)

[eastunder]

Entry into a Material Definitive Agreement

http://biz.yahoo.com/e/120702/sohu8-k.html

Item 1.01. Entry into a Material Definitive Agreement.
On June 27, 2012, the registrant, through its wholly-owned subsidiary Sohu.com (Search) Limited, entered into a Series A Preferred Share Purchase Agreement
(the "Share Purchase Agreement") with Alibaba Investment Limited ("Alibaba")
pursuant to which the registrant agreed to purchase from Alibaba, and Alibaba agreed to sell to the registrant, 24,000,000 Series A Preferred Shares of the registrant's majority-owned online search and browser subsidiary Sogou Inc., which shares represent approximately 10.88% of the outstanding share capital of Sogou Inc., for a purchase price of $25,800,000. The transaction contemplated by the Share Purchase Agreement closed on June 29, 2012.