Is Disney Ready to Take Over Nexon? Possibly, According to a S. Korean Newspaper

The Korea Herald business section is reporting that Nexon Chairman Kim Jung-ju has approached Disney to discuss acquisition. Kim has said, “What I envy the most about Disney is that they do not force money out of kids. [Consumers] gladly pay Disney. Nexon has a long way to go. Some people hate Nexon to death.” Kim and his wife currently own 98.64% of Nexon stock and announced in January their intent to sell. Up to recently, the short list included, among others, Tencent, Kakao, and Netmarble.


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