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Report: Korean gov't to investigate Nexon's takeover of Taiwanese firm

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Report: Korean gov't to investigate Nexon's takeover of Taiwanese firm
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#1
2012-05-22, 12:20 PM
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Gamasutra Wrote:[Image: nexon.jpg]Newsbrief: South Korea's Fair Trade Commission reportedly intends to investigate Nexon's alleged hostile takeover of Taiwanese game developer and publisher Gamania. Gamania is one of the largest online game firms in Taiwan, publishing popular titles in Taiwan like Nexon's MapleStory and NCsoft's Lineage series. Nexon is said to have purchased 33 percent of Gamania's shares two months ago, 10 percent more than that owned by the company's CEO, according to local newspaper Taipei Times. Gamania ...
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ShinkuDragon
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#2
2012-05-22, 12:23 PM
inb4 nexon shenanigans in real life.

can't wait to hear more.
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Davidkun
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#3
2012-05-22, 12:46 PM
Hostile? What'd they do? Hold guns to their heads?
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Liteness
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#4
2012-05-22, 01:04 PM
haha nexon trying to monopolize
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Untradeable
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#5
2012-05-22, 01:10 PM
Davidkun Wrote:Hostile? What'd they do? Hold guns to their heads?

Hostile takeover usually means that it was without the concent of the CEO/shareholders; in this case, Nexon bought more shares than the CEO held, making them majority ruler of the company, giving them more right to the company than the CEO.
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Mario
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#6
2012-05-22, 01:17 PM
I couldn't help but actually say wtp out loud when reading this thread title.
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IImaplers
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#7
2012-05-22, 02:10 PM
[Image: ee9536ca.png]
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SaptaZapta
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#8
2012-05-22, 02:13 PM
Untradeable Wrote:Hostile takeover usually means that it was without the concent of the CEO/shareholders; in this case, Nexon bought more shares than the CEO held, making them majority ruler of the company, giving them more right to the company than the CEO.

You put your shares up for sale, somebody's going to buy them. That's how the stock market works. If you don't want to be "taken over", don't put yourself up for sale.
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Untradeable
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#9
2012-05-22, 02:25 PM
SaptaZapta Wrote:You put your shares up for sale, somebody's going to buy them. That's how the stock market works. If you don't want to be "taken over", don't put yourself up for sale.

Not really, Just make sure your CEO and/or Board of Directors maintains enough shares to keep the company majority ruling power. Basic Economics 101.
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SaptaZapta
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#10
2012-05-22, 02:28 PM
Untradeable Wrote:Not really, Just make sure your CEO and/or Board of Directors maintains enough shares to keep the company majority ruling power. Basic Economics 101.

That's what I meant. You can put shares up for sale but not so many that someone could "take over" by buying them all.
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Untradeable
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#11
2012-05-22, 02:35 PM
SaptaZapta Wrote:That's what I meant. You can put shares up for sale but not so many that someone could "take over" by buying them all.

Inb4 Mark Zuckerberg sells too many Facebook shares and Nexon ends up owning that too
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#12
2012-05-22, 03:04 PM
Please shut down the company.
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Foxino
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#13
2012-05-22, 04:59 PM
Untradeable Wrote:Inb4 Mark Zuckerberg sells too many Facebook shares and Nexon ends up owning that too

lol nexon owning facebook. That would be scary.. Frown
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#14
2012-05-22, 08:02 PM
Foxino Wrote:lol nexon owning facebook. That would be scary.. Frown

Want to poke someone twice in one day? Buy some NX today! Rolleyes
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Zelkova
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#15
2012-05-22, 08:22 PM
Uh....

Wasn't TMS closing down? Is this good news for [MENTION=6465]Unauthorized Intruder[/MENTION]?
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DeanNim
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#16
2012-05-22, 09:17 PM
Zelkova Wrote:Uh....

Wasn't TMS closing down? Is this good news for [MENTION=6465]Unauthorized Intruder[/MENTION]?

thaims vs taiwan ms.
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#17
2012-05-22, 09:27 PM
If some of you haven't realized yet, Nexon is actually hated upon in South Korea.
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Zelkova
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#18
2012-05-22, 09:43 PM
DeanNim Wrote:thaims vs taiwan ms.

Sorry. I get the two mixed up sometimes. << it is just because of the way they sound.
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#19
2012-05-22, 10:40 PM
IImaplers Wrote:[Image: ee9536ca.png]

I wish there was a .wz edit that replaced everyone in the game's face with this expression permanently.

It would be the only hack to actually enhance gameplay.
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