Terton Capital Challenges Golfzon's Second Buyout Bid in South Korea

Minority shareholder Terton Capital is resisting a second attempt to take South Korea’s Golfzon Holdings Co. private, with the stock trading above the tender price, indicating potential investor resistance.

18 Aug, 23:38 — 18 Aug, 23:38

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bloombergHigh15d ago

Terton Capital Challenges Korea’s Golfzon on Second Buyout Bid

A second attempt to take South Korea’s Golfzon Holdings Co. private is facing renewed resistance from a minority shareholder, with the stock now trading above the tender price in a sign the buyer may struggle to win over investors on the current terms.

By Youkyung Lee

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Terton Capital Challenges Golfzon's Second Buyout Bid in South Korea

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Terton Capital Challenges Korea’s Golfzon on Second Buyout Bid

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