Brief: Global Star Acquisition Inc. Announces Merger With K Enter, A Diversified Korean Entertainment Company Valued At $610 Million
16/06/2023 03:48
June 15 (Reuters) - Global Star Acquisition Inc
GLST.O :
* ANNOUNCES MERGER WITH K ENTER, A DIVERSIFIED KOREAN
ENTERTAINMENT COMPANY VALUED AT $610 MILLION
* GLOBAL STAR ACQUISITION - HAS APPROXIMATELY $92 MILLION IN
TRUST, WHICH WILL BE AVAILABLE TO COMBINED COMPANY UPON
COMPLETION OF MERGER
* PARENT OF COMBINED COMPANY WILL BE NAMED "K WAVE MEDIA
LTD."
Source text for Eikon: ID:nGNX7330q8
Further company coverage: GLST.O
((Reuters.Briefs@thomsonreuters.com;))