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[K-pop's dilemma] Is Hybe-Ador conflict a case of growing pains? koreaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreaherald.com Daily Mail and Mail on Sunday newspapers.
The chief investment officer of Kakao was arrested Thursday on suspected stock manipulation in connection with the tech giant s acquisition of SM Entertainment. ....
Kakao's Chief Investment Officer Arrested on Suspicion of Rigging SM Shares koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
South Korea s financial regulator raided the headquarters of SM Entertainment Co. on Tuesday over suspicions that South Korean tech giant Kakao Corp. manipulated stock prices in the process of acquiring shares of the K-pop powerhouse, according to financial sources.The Financial Supervisory Service (FSS) has been investigating the allegations after Hybe, SM s rival agency behind global superstar BTS, filed a petition for a probe into the case with the FSS in February. ....
Korean tech giant Kakao said Tuesday that it has secured a total 40 percent stake in SM Entertainment through a tender offer, gaining management control over the K-pop powerhouse. ....