[Photo] What Is the Court's Ruling on the 'Korean Air-Asiana Integration'?
As the court's decision on Korean Air's acquisition of Asiana Airlines approaches, on the 30th, an Asiana Airlines passenger plane landed behind a Korean Air passenger plane on the domestic runway at Gimpo Airport 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@
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