Baseball-KBO's Wyverns renamed Landers after Shinsegae's takeover

SK Telecom Co

05/03/2021 09:58

March 5 (Reuters) - South Korean baseball team SK Wyverns
were renamed SSG Landers on Friday after retailer Shinsegae took
over the side from SK Telecom, Yonhap news agency https://en.yna.co.kr/view/AEN20210305008600315?section=sports/sports
 said.
    E-Mart, the country's biggest discount store chain which is
run by Shinsegae, had reached an agreement with SK Telecom in
January for a deal worth 135.3 billion won ($120 million).
 urn:newsml:reuters.com:*:nL1N2K1086
    The deal meant E-Mart would acquire a 100% stake in the
Korea Baseball Organisation team and take over its properties
and facilities. The club is set to remain in Incheon.
    The Wyverns were formed in 2000 and have won four Korea
Series titles, the last in 2018. They had a poor 2020 season,
however, managing just 51 wins in 144 games and finishing ninth
in the 10-team league.
($1=1,129.1300 won)

 (Reporting by Manasi Pathak in Bengaluru; Editing by Clarence
Fernandez)
 ((Manasi.Pathak@thomsonreuters.com;))