Nexon Founder to Sell Controlling Stake in Holding Firm
https://www.reuters.com/article/us-nexon-sale/nexon-founder-to-sell-controlling-stake-in-gaming-companys-holding-firm-korea-economic-daily-idUSKCN1OX010 Nexon's founder, Kim Jung-ju intends to sell his 98.64% stake in the holding company (NXC Corporation) which is worth approximately $9 billion. Holding companies are fairly common in Asia…