buyout Archives | Be Korea-savvy

Big Hit Takes Over Music Label of K-pop Girl Band GFriend

SEOUL, Jul. 29 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop super band BTS, has taken over a medium-sized talent agency that is home to popular girl band GFriend, Big Hit said Monday. “Having recently completed its contract to take over shares of Source Music, Big Hit will integrate (the company) as [...]

Samsung Denies Takeover Talks with BlackBerry

SEOUL, Jan. 15 (Korea Bizwire) — Samsung Electronics Co., South Korea’s top electronics firm, Thursday denied media reports that it is in takeover talks with Canadian smartphone maker BlackBerry Ltd. “It is not true,” a spokeswoman at Samsung Electronics said, adding that the company “does not respond to rumors.” BlackBerry, in a press release on [...]