Korean cable company takes control of MK Pictures

By 2007-07-10T08:08:00

In deals totalling $16.3m, major stockholder Lee Eun sold his 11.76% stake, while his wife and partner Shim Jae-myung sold her 6.54%, both to Kangwon head Kim Young-kyun. Another founder of the company, filmmaker Kang Je-gyu, also sold his 10.8% stake to a consortium headed by Kim.

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