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JYP Entertainment Corporation to Merge with JYP Corporation

Wednesday, 19 Jun 2013 04:47am EDT 

JYP Entertainment Corporation announced that it has decided to merge with JYP Corporation, which is mainly engaged in the production and distribution of records and music products, to improve managerial efficiency and improve financial structure. After the merger, the Company will survive and JYP Corporation will be dissolved. The exchange ratio of JYP Corporation and JYP Entertainment Corporation is 1:3.7697551 and the merger effective date is November 15, 2013. 

Company Quote

-20.0 -0.48%
26 Dec 2014