Daemyung Sono Group May Wage a Public Opinion War for T'Way Air
In the past two trading days, share prices of T'Way Air (091810 KS) and T'Way Holdings (004870 KS) are down 16.4% and 14.1%, respectively.
According to Hankyung daily, Daemyung Sono Group Chairman Seo may choose to wage a public opinion war, instead of purchasing additional shares.
If Daemyung Sono Group is unable to take over the management control of T'Way Air using this method, then a potential tender offer of T'Way Air is possible later on.
Keep reading with a 7-day free trial
Subscribe to Douglas Research Insights to keep reading this post and get 7 days of free access to the full post archives.