BTS agency HYBE ends takeover battle for K-pop pioneer SM Entertainment

BTS agency HYBE ends takeover battle for K-pop pioneer SM Entertainment

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BTS agency HYBE says it has called off a takeover bid for SM Entertainment, ending weeks of corporate mudslinging that has dominated headlines in South Korea. HYBE said Sunday it made its decision “after observing that the market has been showing signs of overheating due to competition with both…

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