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Cube Entertainment to Merge with Subsidiary Company Cube DC

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2014.08.27 17:31 Newsen Lee Min Ji Translation Credit : Yeawon Jung

Cube Entertainment will be merging with its subsidiary company Cube DC.

Cube Entertainment announced on August 27, “In order to increase the efficiency of administration and bring synergy effects, we’ve decided to merge with Cube DC.”

Cube Entertainment to Merge with Subsidiary Company Cube DC

The percentage of merger will be 1:0, Cube Entertainment-Cube DC since Cube Entertainment owns 100 percent of Cube DC’s shares.

Cube DC currently houses Rain, Shin Ji hoon, No Ji Hoon and actor Kwak Seung Nam and more. Cube Entertainment houses 4Minute, B2ST, G.Na, BTOB, Kim Kiri, Oh Yeri, Na Jong Chan, Jo Seo Ha and more.

Photo credit: Cube Entertainment

Cube Entertainment 20140827 Rain 20140827
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