News Formal

BTS agency HYBE ends takeover battle for K-pop pioneer SM Entertainment | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BTS agency HYBE says it has called off a takeover bid for SM Entertainment

said Sunday it made its decision “after observing that the market has been showing signs of overheating due to competition with both Kakao and Kakao Entertainment.” “The company has also taken into account the potential negative impact on

’s previous offer of 120,000 won per share, which garnered only mild interest from investors. There were concerns in the industry that Chairman Bang Si-Hyuk had rejected those accusations in an exclusive interview with CNN’s Richard Quest.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

israel Help🆘🇮🇱🆘jewish pls help mossad_career help idf JewishChron jvplive

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

[BREAKING] HYBE suspends SM Entertainment acquisition after coming to agreement with Kakao | allkpopHYBE has put out a new statement regarding the agreement they have made with Kakao over SM Entertainment.The statement, released on March 12 … nice one hybe 🎉 This game is getting a little bit suspicious. And all their money for LSM shares ? I'm sad 😩 Now save EXO 😭😭
Source: allkpop - 🏆 573. / 51 Read more »