Dark or Light

Reports Indicate that Disney is Not Interested in Buying Nexon

Suzie Ford Updated: Posted:
News 0

Contrary to reports last month that Disney may have expressed interested in buying Nexon, a second report from South Korean newspaper The Chosun Ilbo calls that into question. An official "well-versed in the sale of Nexon" told the publication that, while Kim Jung-ju had approached Disney officials, the offer was refused. According to the article, Kim Jung-ju may also be interested in approaching other Western companies including Amazon.

Kim Jung-ju and his wife own a collective share of Nexon totalling 98.64% of the company and have been actively looking to sell their shares since January. The current "short list" of buyers includes Tencent, Kakao, Netmarble, and at least two private equity funds.

Read more at the link above (and by using Google Translate).

Via Comicbook.com


Suzie Ford

Suzie is the former Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom