The tech firm announced Tuesday that it would seek to buy up to 35% of the music label, just days after a previous share sale between the two parties was blocked by a Korean court. If successful, it would own about 40% of the company. Kakao and its entertainment unit have launched a tender offer totaling approximately 1.25 trillion Korean won , according to a regulatory filing. It plans to offer SM shareholders 150,000 won per share.
had offered investors 120,000 won per share in its own tender offer, through which it had hoped to acquire a further 25% stake of SM. On Monday, the BTS agency revealed that its bid had tanked, boosting its holding by only 0.98%. entered the fray last month, when Lee sold most of his personal shares to the agency for 422.8 billion Korean won . He retains a stake of 3.65%, according to a Monday regulatory filing. In recent weeks,
Well here’s a story people are dying to hear about. Who’d she piss off to draw this awful gig. 😂
Aren’t republicans against K-pop thing? Kinda non-binary eh.
OMG those girlie men
Step 1. All K-Pop groups signed by same agency. Step 2. All K-Pop groups tricked onto nose cone of space rocket. Step 3. Peace on Earth.
that's just crazy
who cares
This is your idea of news?