All posts tagged "Merger"

  • BBCN, Wilshire, bank
    BBCN and Wilshire merger to create $12.3 billion Korean American bank giant

    By The Korea Times Los Angeles staff BBCN’s buy-out of Wilshire Bancorp, which when completed will create the largest Korean American bank with assets totaling $12.3 billion, was officially announced by executives Monday. Gathered inside the Oxford...

    • Posted December 8, 2015
    • 4
  • samsung merger
    Merger approval boon for Samsung owner family, but challenges still ahead

    SEOUL, July 17 (Yonhap) — Shareholders’ outright approval of a proposed merger of two key Samsung units gives momentum to the leadership transfer at Samsung Group, South Korea’s top conglomerate, market watchers said Friday. But potential legal...

    • Posted July 17, 2015
    • 9
  • Samsung removed cartoons attacking a US hedge fund's founder as a ravenous, big-beaked vulture after Jewish organizations protested. 
(AP Photo)
    Samsung removes online cartoons after criticisms of anti-Semitism

    SEOUL, South Korea (AP) — A Samsung company on Wednesday removed online cartoons attacking a U.S. hedge fund’s founder as a ravenous, big-beaked vulture after Jewish organizations protested similar smears in South Korea’s media. The hedge fund,...

    • Posted July 15, 2015
    • 0
  • Currency traders pass by screens showing the Korea Composite Stock Price Index (KOSPI) and foreign exchange rate, right, at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Friday, Jan. 9, 2015. Asian stocks extended gains Friday after other global markets bounced back from a rocky start to the year and oil prices stabilized after dramatic plunges. The Korea Composite Stock Price Index rose 1.05 percent, or 20.05, to close at 1,924.70. (AP Photo/Ahn Young-joon)
    Seoul court orders stop to Hana-KEB merger process

    SEOUL (Yonhap) — A Seoul court on Wednesday ordered a suspension of merger moves between two local banks, siding in part with one of the bank’s unions which accused the other of violating a promise not to...

    • Posted February 4, 2015
    • 0
  • (Kakao Talk)
    [WSJ] Daum Kakao Faces Questions Over Ability to Grow Outside South Korea

       SEOUL—A new technology company emerged Wednesday in South Korea, the product of a tie-up between two of the country’s dominant Internet players—one from the PC era, one from the mobile era. Shares of Daum Communications Corp....

    • Posted October 3, 2014
    • 0
  • (Kakao Talk)
    Kakao officially acquires Daum Communications

    By The Korea Times Los Angeles staff On Wednesday morning, Kakao officially acquired Daum Communications Corp., a fellow South Korean tech giant that specializes as a web search tool. Known for its popular mobile messenger app that...

    • Posted October 1, 2014
    • 0