Nexon Founder to Sell Controlling Stake in Holding Firm
SEOUL, Jan. 3 (Korea Bizwire) — The founder of South Korea’s major online game publisher Nexon Co. is poised to sell a controlling stake in the firm’s holding company, industry observers said Thursday. Kim Jung-ju is offering a combined 98.64 percent stake worth 6 trillion won (US$5.32 billion) in Nexon’s holding firm NXC Corp. and [...]