Merger Complete
The merger between Hite and Jinro is now complete:
South Korea’s anti-trust body has approved a controversial mulit-billion-dollar takeover deal between the country’s two leading liquor firms, Hite Brewery and Jinro.
The decision immediately sparked angry protests from industry rivals, including the second largest beer maker Oriental Brewery and four minor liquor firms.
The Korea Fair Trade Commission said a plenary session decided late Wednesday to give conditional approval for a bid by Hite, the country’s largest brewer, to take over Jinro, the country’s biggest soju liquor maker.
I wonder how many bribes it took to make this happen? So who likes Hite better than OB? I like OB better.
Sorry, I like Hite! And Jinro soju, lol.
the hite and ob both taste like shit. And jinro soju tastes like shit too. No wonder koreans go mad for soju.. i suggest pissin in a bottle and leaving it sowhere where koreans will find it. .. just wait a bit. and the little ape will be drinking it.
hahahhahahah