As posted earlier (link), Nexon was poised to takeover JCE, the developer for basketball online game FreeStyle Online and its sequel. It was announced today, however, Nexon has purchased 16.34% of the company at 34,000 Korean Won per share, making the deal worth around USD 56 million. There is currently no news of a total buyout by Nexon. FreeStyle Online 2 is due to enter Open Beta next month in Korea.
A put option was also signed by both parties. As stated in Wikipedia, one party, the buyer
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