Brief: Daouincube to merge with webtoon service unit
Oct 18 (Reuters) - Daouincube Inc 020120.KS :
* Says it plans to merge with wholly owned webtoon service
subsidiary with merger ratio of 1:0
* Says the co will survive and the unit will be dissolved
after merger
* Expected merger effective date is Jan. 1, 2018
Source text in Korean: https://goo.gl/WMQ7nK
Further company coverage: 020120.KS
(Beijing Headline News)
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Reuters Messaging: hedy.cui.reuters.com@reuters.net))
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