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Terton Capital Challenges Korea’s Golfzon on Second Buyout Bid

A second attempt to take South Korea’s Golfzon Holdings Co. private is facing renewed resistance from a minority shareholder, with the stock now trading above the tender price in a sign the buyer may struggle to win over investors on the current terms.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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SEC tightens shareholding rules to curb illicit funds

The Securities and Exchange Commission (SEC) has tightened its rules governing major shareholders of securities and digital asset businesses, extending scrutiny to the financial backers behind share…

  • SEC strengthens rules for major shareholders
  • Intensifies examination of financial sponsors
  • Aims to trace ultimate control holders

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