Korea Herald – BusinessMarchésen
Samsung family heirs join forces in JoongAng Ilbo takeover bid
A consortium led by Daou Kiwoom Group, alongside CJ Group and Shinsegae, has emerged as the preferred bidder for debt-laden newspaper publisher JoongAng Ilbo, bringing two branches of the Samsung founding family into a bid to revive the struggling media company. Daou Kiwoom…