SM Ent.: “Rumors about the acquisition contract with CJ tomorrow is groundless, discussions are underway with various companies” (Official)

SM Entertainment recently announced its official position on the signing of an M&A (company merger and acquisition) contract with CJ E&M.
https://kbizoom.com/sm-ent-rumors-about-the-acquisition-contract-with-cj-tomorrow-is-gssroundless/