HYBE denies the acquisition of SM Entertainment shares is a hostile takeover | allkpop

According toPlan to acquire rival K-pop company SM Entertainment is not part of any hostile takeover strategy, and it can actually help SM artists advance to the North American market if the plan is realized- agreed to acquire a 14.8% stake in SM Entertainment from. The label also offered to buy an additional 25% from other SM shareholders in a tender offer and aimed to gain a total of 40% stake in SM Entertainment.

That's because we agreed to buy shares held by SM's largest shareholder through mutual consent and publicly offered to buy shares from smaller shareholders on the same condition as the largest shareholderHYBE can help SM artists advance into the North American market using BTS' great achievements in the market along with the network and know-how of Ithaca Holdings.

Hybe : we believe in money

Does hybe itself believe it

I hope not happening to all group of SM🥺

what if hybe does this to erase the competition for their own groups

bayad na bayad ka allkpop aa? naacquire ka rin ba?

It's hostile takeover attempt in all but name, HYBE. Don't be shy like that 🤣 And it is perfectly legal. Just wait for HYBE to formally propose a tender offer to acquire another 25% of shares 😁 I'm here just for witnessing the tweet war.

So you want me to to believe the hyenas ?

you wont fool us

What is going to happen next？Are they going to steal the best SM trainees or control the activities of exsiting SM artists?🤔

ep brp nih ?

SM very good at plot twist 😂 This is why I’m not listening to one side. We should hear from both parties.

Hybe monopolizing the kpop industry 😒

Semoga aja kakao menang , capek lihat orang ngebacot mulu Hybe mending fokus sama comeback solo Jimin Jimin_FACE JIMINxFACE

SEOJINS PRESS CONFERENCE GLOBAL SENSATION KIM TAEHYUNG TaehyungonJinnysKitchen

FACE BY JIMIN FACE IS COMING JIMIN IS COMING JIMIN SOLO ALBUM PARK JIMIN IS COMING JIMIN FACE FIRST SOLO ALBUM 지민 Jimin Jimin_FACE

lol

How can we exit this groupchat?

Can the people who had a lot say about this acquisition just buy the shares themselves? That way you can do as you please, right? 😊

This is gaslighting. 🙃

stop riding on bts in every possible way just stop sm artist don't need anyone's help or achievements to make their way anywhere they been doing it on their own and if that's the only thing u wanna do how about leave sm and it's artist alone 🤦‍♀️ such sly foxes

just mind your own artist, stay away from SM

Some of u need to learn what an actual hostile takeover is. The Board/management of SM are against the acquisition. Hybe bypassed them and dealt directly with Lee Soo-Man a shareholder. That is the legal definition of a hostile takeover 😭 it don’t matter if LSM reached out first

Hybe has been helping sm in America for years now cuz of bts nct got to go to the amas and ellen cuz of bts superm was created that whole company been riding bts d for the longest time so bts should own it very rightfully so sis

Hybe menjanjikan independensi kepada SM, tapi selain membeli saham LSM 14,8% mereka juga membeli saham di anak perusahaan SM Grup yg lain lewat tendernya LSM 35 % jadi total saham Hybe di SM Grup sebesar 39,8% atau hampir 40%, bagaimana SM bisa percaya ?

Why they bought 14% shares and want to have 40% more if they have no plans or agenda? 🤔🤔🤔

What would Hybe say 🤣

how about leaving sm alone?

Hybe is the evil force of Kpop. One that favors mediocrity over quality, for the sake of making money

It’s not a hostile take over, they didn’t force any of it they were reach out to by LSM and he sold his private stake to HYBE, hostile would be HYBE forcing their stocks to plummet and buy it all at a low cost and absorb the company whole.

now SM will make another video of breaking my silence

Only people buying this story are delulu Hybe stans.

Monopólio da HYBE: 🤢🤮😵😡🤬💢 Monopólio da Kakao: 🤩😘😍😻❤❤

SM artists don't need to use BTS' great achievements.

Udh jelas bukan hostile takeover, sahamnya kan emang dijual sama lee soo man. Tp klo sampe hybe mulai 'menjajah' SM ya itu efek domino. Kan punya saham. 🤣

ofcourse they are not gonna say its a hostile takeover the term was used by sm because its pejorative anyway Xd i just care for idols

🤔

Monopoly

Thank god, we don’t want SM idols to become untalented like HYBE

Hybe said “nah leave us alone we out” basically

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Watch: SM Entertainment Releases Video Statement Regarding Their Stance Against HYBE’s AcquisitionWATCH: SM Entertainment Releases Video Statement Regarding Their Stance Against HYBE's Acquisition Why would you do this on the YouTube channel meant for your artist tho like you couldn't just put out a written statement like a normal ceo as an SM brand fan this is embarrassing they should be ashamed of themselves especially after how they treated their artist lately. Lihat kelakuan petinggi nya SM ini bikin kocak abis. Langkah nya itu blunder terus. Niat ingin menjelekkan Hybe malah jadi membuka aib sendiri
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HYBE Grew 42% in 2022, Eyes New Markets in 2023 Through SM Entertainment InvestmentLast year, HYBE’s increasingly diversified business was nearly balanced between its three largest markets: Korea (33% of revenue), North America (32%) and Japan (28%). newjeans impact Imagine that. Solo projects x 7 = $$$ [Younhap News] 'Even though they halted their group activities, BTS generated more than half of the company's sales, with the remaining artists representing about 40%, according to HYBE's CFO Lee Kyung-jun' Why not.... busy buying shares....
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