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Korean Games Industry Consolidates; Nexon Acquires Stake in NCSoft

Sat, Jun 9, 2012

Nexon said that it has purchased a stake in NCsoft Corporation. Nexon today acquired 3,218,091 shares of NCsoft in a private transaction from Chairman, CEO, and Founder Taek Jin Kim at a price per share of KRW 250,000 in cash, for a total acquisition cost of KRW 804,522,750,000 or $685 million.

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