Tag - CJ HelloVision downplays ISS report on merger plan

CJ HelloVision downplays ISS report on merger plan

SK Telecom faces another hurdle in its plan to merge the nation’s No. 1 cable TV operator CJ HelloVision with its own IPTV unit as a global corporate advisory firm has opposed the deal that is crucial for it to gain leadership in the paid TV market. The Institutional Shareholder Services claimed Thursday the changes in corporate articles of the merged entity will pose “significant dilution risk” to shareholders of CJ Hellovision. “The concern lies with the proposed changes to the [...]

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