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HYBE, CJ, and Kakao Entertainment Reportedly Competing To Acquire Lee Soo Man’s Shares In SM Entertainment

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On August 3, it was reported that HYBE, CJ, and Kakao Entertainment are in the race for Lee Soo Man’s shares in SM Entertainment. Lee Soo Man holds approximately 18.73 percent of shares in SM Entertainment, and it is believed that whoever acquires his shares will be gaining SM Entertainment’s management rights. According to Hankook Kyungje, […]

The post HYBE, CJ, and Kakao Entertainment Reportedly Competing To Acquire Lee Soo Man’s Shares In SM Entertainment appeared first on Soompi

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