Read on Twitter
My personal thoughts:
Since Big Hit is now the majority stakeholder of Pledis, they have the authority to take legal action.
With HSS agreeing to these illegal activities, BH will force HSS to resign and step away as CEO from Pledis.
Therefore- BH will appoint a new Pledis CEO
Since Big Hit is now the majority stakeholder of Pledis, they have the authority to take legal action.
With HSS agreeing to these illegal activities, BH will force HSS to resign and step away as CEO from Pledis.
Therefore- BH will appoint a new Pledis CEO
This news dropped 1 day after the announcement of the Big Hit and Pledis acquisition. HSS& #39;s shareholding of Pledis stock is valued at ~100Bil Won, and HSS reorganized his shares to give Big Hit Majority:
Previous shareholding breakdown:
HSS [51%]
Other [49%]
Now-> Big Hit >/= 51%
Previous shareholding breakdown:
HSS [51%]
Other [49%]
Now-> Big Hit >/= 51%
IMO: HSS knew Dispatch was going to out him. Dispatch always tells the person they& #39;re going to out beforehand...so??? So-
HSS sold his majority stake to Big Hit, to make extra cash [100Mil Won] before riding himself of pledis entirely letting his artists fend for themselves
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HSS sold his majority stake to Big Hit, to make extra cash [100Mil Won] before riding himself of pledis entirely letting his artists fend for themselves
