Kakao Games Absorbs and Merges with AdPage
[Asia Economy Reporter Yoo Hyun-seok] Kakao Games announced on the 24th that it has decided to absorb and merge Adpage, a company engaged in platform and content development and distribution business, in a small-scale merger to accelerate the linkage between games and new businesses.
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The company stated, "Kakao Games plans to own 100% of Adpage's shares and will succeed all businesses after the merger," adding, "No new shares will be issued due to the merger." It also added, "There will be no change in the ownership shares or shareholding ratio of Kakao Games' largest shareholder after the merger is completed."
This content was produced with the assistance of AI translation services.
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