Skadden, Davis Polk on Baidu-backed iQiyi’s $2.25 bln Nasdaq IPO
BY John Kang, Reuters |
Skadden, Arps, Slate, Meagher & Flom has advised iQiyi, a Chinese video streaming service provider backed by Baidu, in its $2.25 billion initial public offering on the Nasdaq. Davis Polk & Wardwell acted as the legal adviser to the underwriters.