Korea’s high inheritance tax come under controversies againThe two daughters of the late Nexon founder Kim Jung-ju paid their inheritance tax with the gaming giant’s shares so that the South Korean government became the firm’s second-largest shareholder.NXC, the holding company of Nexon, said on May
Suspicions rise over gaming giant’s futureNexon founder Kim Jung-ju passed away at age 54 in Hawaii of the United States on Feb. 28, according to the global gaming giant on March 2.The company did not disclose an exact cause of the unexpected death but said that the online game icon had been undergo
Korea's top gaming firm up for saleKorea’s largest gaming company Nexon is up for grab as its founder Kim Jung-ju strives to sell off a 98.64-percent stake in NXC, the holding company that has 48 percent of Nexon.Late last month, five outfits threw their hat into the ring including two info-tech com
5 outfits strive to acquire Korean gaming firmTwo Korean info-tech companies and three private equity funds took part in the competition to purchase a controlling stake in the country’s leading gaming company Nexon.Korean game publisher Netmarble and IT firm Kakao submitted their bids to purchase Ne
Bidding process of Korean gaming giant delayed twice in MayAs Nexon founder Kim Jung-ju put up for sale a controlling stake in Korea’s leading gaming company, the bidding process was supposed to take place on May 15.But the process was delayed to May 24 to make Nexon’s share price plunge. And Nexon
Preferred bidder to be announced soonLiberty Media, which owns Major League Baseball team Atlanta Braves, tried to purchase Korea’s game publisher Nexon, which is currently up for sale, according to a local media outlet.Sources in the investment banking industry recently said that Liberty Media took