CJ Group has officially shut down the rumors that it will be joining forces with Kakao in a bid to become the top shareholder of SM Entertainment. Last week, Kakao became the second-largest shareholder of SM Entertainment after acquiring a 9.05 percent stake in the company—a move that SM Entertainment founder Lee Soo Man has […]
The post CJ Denies Rumors About Teaming Up With Kakao To Become SM Entertainment’s Top Shareholder appeared first on Soompi…
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CJ Denies Rumors About Teaming Up With Kakao To Become SM Entertainment’s Top Shareholder
