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NCSoft & Nexon Bicker Over Management Styles

Posted Feb 06, 2015 by Suzie Ford

NCSoft & Nexon Bicker Over Management Styles

In 2012, Nexon purchased a block of stocks in NCSoft and became the largest shareholder. Pledging at the time not to interfere with NCSoft's management, Nexon has since rescinded that statement and has inserted itself, or tried to, in the day-to-day affairs of NCS.

Calling Nexon's style vastly different from its own, NCSoft is keeping track of outstanding stock purchases and calling on Nexon to back off its stance as injurious to shareholders and stock prices as well as its ability to compete.

We should learn more when each company's financial statements are released later this month. We'll  keep you posted.

Source: MMOCulture

Suzie Ford / Suzie is the Associate Editor and News Manager at Follow her on Twitter @MMORPGMom

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