[Stock Price Trend] Kakao Tender Buying KRW 150,000 for SM…Hive and “Backfire”. Kakao has decided to secure a stake of up to 35% by publicly buying SM Entertainment shares in the market. Hive, who joined hands with former general producer Lee Soo-man, secured only 0.98 percent more in the recent open purchase. According to the financial investment industry on the 7th, Kakao and Kakao Entertainment will publicly purchase 8,333,641 shares of SM for 150,000 won per share from this day to the 26th. This is 35% of SM shares, and Kakao and Kakao Entertainment plan to buy them in half. The total acquisition amount is 1.25 trillion won, and Korea…