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NXC, the parent company of South Korean video game publisher Nexon and two major cryptocurrency exchanges: Bitstamp, based in Luxembourg, and Korbit, based in South Korea has reportedly offered entertainment giant, Disney a controlling stake in its firm.
As per a report by Korea Herald, Jung-ju Kim, a Billionaire and the chairman of NXC, had a meeting with a Disney representative, wherein NXC offered to sell his stake to Disney.
Jung-ju is reportedly is selling the 98.64% stake that he and his wife hold in NXC. He has been trying to sell his stake since January with final bids set to take place on May 15.
Jung-Ju elaborates over the decision:
“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...
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