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Top News In Align Partners Today - Breaking & Trending Today

Activist Investor Triggers Real-life K-pop Industry Drama

Published: March 8, 2023

Activist investor triggers real-life K-pop industry drama

Source: ibtimes.com

Hybe's K-pop takeover on hold as BTS label's SM Entertainment acquisition falls short

Published: March 6, 2023

K-pop powerhouse Hybe, owner of global megastars BTS, has suffered a major setback in its bid to acquire a controlling stake in rival SM Entertainment, the...

Source: proactiveinvestors.com

Hybe's K-pop takeover on hold as BTS label's SM Entertainment acquisition falls short

Published: March 6, 2023

K-pop powerhouse Hybe, owner of global megastars BTS, has suffered a major setback in its bid to acquire a controlling stake in rival SM Entertainment, the...

Source: proactiveinvestors.com.au

Corporate governance fight over SM Entertainment

Published: March 5, 2023

In a rare event that happens every decade or so, a war is being waged around SM Entertainment, one of the most successful entertainment companies in South Korea, which manages several world-famous K-pop groups. This time, the struggle for management control is between Kakao, the internet conglomerate, and HYBE, another K-pop company that has the ridiculously popular group BTS on its roster. The tussle is over the controlling stake of SM held by its founder, Lee Soo-man, and is challenged by a consortium comprised of SM management, Kakao, and activist fund Align Partners.

Source: koreatimes.co.kr