HYBE stopped the SM acquisition process

This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

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stockmk2020@alphabiz.co.kr | 2023-03-12 22:51:52

(사진=SM엔터테인먼트)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] HYBE said in a press release earlier in the day that Kakao succeeded in reaching an agreement with Kakao in the direction of SM Entertainment management rights and Hive in the direction of platform cooperation.

HYBE and Kakao continued their extreme confrontation and began negotiations on the 10th and announced a surprise agreement on the morning of the third day of negotiations.

 


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