K-pop giant HYBE drops bid for SM Entertainment, ending takeover battle

rapplerdotcom 2023-03-13

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Korean entertainment powerhouse HYBE withdraws its plan to take control of SM Entertainment. The move is seen as the end to a weeks-long takeover battle between HYBE and social media giant Kakao Corp.

Full story: https://www.rappler.com/entertainment/korean-popular-music/hybe-drops-bid-sm-entertainment-ending-takeover-battle/
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