[Photo] Court May Decide Provisional Injunction for Korean Air and Asiana as Early as Today
As the court's decision on Korean Air's acquisition of Asiana Airlines approaches, on the 30th, Korean Air and Asiana Airlines passenger planes are moving toward the runway at Gimpo Airport apron in Gangseo-gu, Seoul. The Seoul Central District Court is expected to deliver a verdict today or tomorrow on the injunction request filed by the activist private equity fund KCGI against Hanjin KAL to prohibit the issuance of new shares. If the court dismisses the injunction request, the acquisition process will accelerate, but if the injunction is granted, the acquisition is likely to be canceled./Reporter Kim Hyun-min kimhyun81@
Hot Picks Today
"Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Hong Joonpyo: "Jung Wonoh Incident Reminds Me of the 'Pig Aphrodisiac Case'... A Policy Contest Is Needed"
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- Jay Y. Lee Bows His Head: "I Will Face the Harsh Storm"...Apologizes for Samsung Labor-Management Conflict
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.