Nexon founder’s controlling shares in the company are now officially up for sale

    
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Leaf it up.

Remember how Nexon’s founder and 98.64% share holder Kim Jung-ju made it clear early this month that he was looking into selling his controlling stakes in the company? It appears that’s happening now; the ownership of the company is now officially up for sale. Only $9 billion to own the enormous Nexon corporation! Don’t wait, supplies are limited, place your order now!

And, as with any sale of a game company, the ownership includes some amazing deals like throwing in complete control of MapleStory 2 absolutely free!

Of course, there’s no shortage of interest in Nexon’s sale; companies including Electronic Arts, Activision, Tencent, and Disney are all eyeing a purchase of their very own South Korean gaming giant. (There are only a couple; those don’t go up for sale often.) It’s going to be interesting watching this one develop, since billion-dollar deals usually don’t actually take the form of calling in and just buying the company. Although we suppose there’s always the chance.

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Mr.McSleaz

I’m sure Jeff Bezos will buy it.

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Daniel Miller

Microsoft. They can market game pass worldwide for pc and xbox. And tons new ips to bring under their roof.

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DeadlyAccurate

I would buy it, but who wants all that headache of running a big company? That’s the only reason I’m not buying it, though. Obviously.

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Schlag Sweetleaf

.

i'd buy that for a dollar.png
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Greaterdivinity

Given the financial situation of EA/Activision right now I can’t see either picking up Nexon for that much. I don’t see how they’d really fit into Disney’s overall strategy thus far but they could sure afford the $9B asking price.

Tencent strikes me as the most likely buyer right now given how they’ve been spending everywhere and still seem flush with cash. And given that I believe they’ve worked together before in China. And that Tencent is likely looking to continue to invest in non-Chinese gaming companies to keep their portfolio diverse their gaming revenue strong outside of China (in light of the increased restrictions that the government has bee placing on games) they strike me as the only ones that really make sense right now. Nexon has some deep roots in China, but they’re bloody huge in Korea and if Tencent spends the money and take the market seriously, they can have a much larger western presence than Nexon has historically had.

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Armsbend

Disney is involved in the Fox deal worth 71B. I doubt they want to get involved in a South Korean game company right now – especially during this Eastern volatility period.

Tencent has spent a good deal of money lately and may be circling the wagons a bit until this trade war and chinese intervention news dies down a bit.

My guesses.

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steel hunt

Tencent and Netease are getting the cold shoulder treatment from Chinese government. Not only that, the Chinese government is particularly stringent in term of companies that have international properties. I don’t know if this is the best time for these giants to make the enormous purchase.

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Edujam

I wish it was Ncsoft being sold.

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Does not check email

Hell yes

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Skoryy

City of Heroes, brought to you by your friends at Electronic Arts

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JBNL

The only image that really came to mind was that of vultures circling and eyeing each other which one is about to land first.

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Greaterdivinity

Nexon ain’t dyin though, last I recall their financials still look pretty good. Rumor is that the CEO and his wife are just tired of running the company and related drama and simply want out…along with a nice big payday in the process : P

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Armsbend

That’s how I read it. If he wanted to be part of the game any longer he could keep a portion – but it looks like he wants all out.

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Utakata

Their /bucket list? o.O