Seoul Court Finds Lone Star Guilty
A Seoul, South Korea, court ruled Thursday that Dallas-based private equity firm Lone Star was guilty of manipulating stock prices in connection with a Korea Exchange Bank unit, Reuters reported Thursday. The ruling is in connection to Lone Star’s proposed deal to sell 51% of KEB to Hana Financial Group for $4.1 billion.
Bycnolan
6 October 2011•1 min read
