JYP shares surge on Japanese investment group's proposed stake purchase
JYP Entertainment shares jumped Tuesday after two little-known investors announced a potential tender offer for up to half of the K-pop company, prompting questions about their identities and ability to finance the purchase. NEXROC Group, which describes itself as a Japanese investment group, and SVCV said the previous day that they were considering buying between 25 and 50 percent of JYP’s…
We haven't written up this one. The Korea Times has the full story — the link below goes straight to it.
