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Kakao Clarifies Reports That It Has Acquired Lee Soo Man’s Shares In SM Entertainment

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Kakao has clarified reports of its acquiring Lee Soo Man’s stake in SM Entertainment. On March 11, Korea Economy TV reported that Kakao had agreed to purchase the entirety of SM Entertainment founder Lee Soo Man’s shares in the company. As Lee Soo Man currently holds an 18.73 percent stake in SM Entertainment, he is […]

The post Kakao Clarifies Reports That It Has Acquired Lee Soo Man’s Shares In SM Entertainment appeared first on Soompi

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