[BREAKING] HYBE Suspends SM Entertainment Acquisition After Reaching Kakao Deal

MOVES released a new statement regarding the deal they reached with Cocoa on sm entertainment. The statement, released on March 12 KST, tells the company that it has put SM Entertainment’s takeover process on hold as of today. It reads as follows: “HYBE will suspend the acquisition process of SM Entertainment (hereinafter, SM) from March … Read more