Kakao reluctant to give in to Lee Soo Man's demands in SM acquisition

 Article: Lee Soo Man's impractical requests 'vice-chairman'? Kakao at a loss with SM acquisition

Source: Herald Economy via Naver

1. [+3,562, -9] He's basically offering to sell the house but demanding to still live there

2. [+909, -22] There is nothing sadder than being greedy in old age

3. [+858, -13] So he wants to be paid top dollar for passing over this company but still wants to retain management rights? That's the same thing as selling a house, getting paid for it, and demanding to still live there.

4. [+784, -12] I understand that he was the reason for a lot of the success behind SM in the beginning, but he hasn't had a vision for the company ever since. He's entirely too focused on Chinese investments. It's time for him to step down and hand the reins to someone new.

5. [+440, -14] I think he's gone senile

6. [+128, -1] Sounds like he doesn't want to sell. Everyone should take their hands off the deal.

7. [+110, -1] This funny guy, he basically wants both the money and the company at the end of the day... He's basically leveraging SM's uncertain future to retain his management rights while still profiting off the deal ㅋ

8. [+79, -1] Lee Soo Man needs to step down. Ever since he fell hard for the 'China dream', he's been regarded as an odd figure for how many times he's allowed Chinese members to backstab him time and time again. BTS and Black Pink have shown us that you can become a world star without the need for Chinese members, and yet he's still obsessing over Chinese members...

9. [+76, -1] Kakao will be seen as a makjang company if they comply with Lee Soo Man's requests and acquire SM. Such a useless acquisition will be reflected in the stock prices.

10. [+71, -3] Seeing him act like this makes you realize how rock bottom his character is

11. [+66, -1] Kakao... CJ... just take your hands off the deal. Cut your ties here, it seems to be the only solution.

12. [+55, -2] What is he, a thief? It should end with him selling his shares. If he wants to stay in the company so bad, get a new job as a director. What a sad way to age.

13. [+37, -1] The old and greedy never know when to stop

14. [+26, -1] He needs to either stay on as the owner if he wants to retain his rights or make a clean exit... no one's foolish enough to bow to his demands. He's being way too greedy...

15. [+17, -1] SM is the menace of the entertainment industry ㅜㅜ

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