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Korean Air announced on August 12 on the Korea Exchange that a board resolution will replace the shareholders' meeting resolution to approve the merger with Asiana Airlines. Asiana Airlines held an extraordinary shareholders' meeting earlier in the day to vote to pass the merger with Korean Air. On December 17 this year, the two companies will officially complete the merger, ending a merger process that has lasted more than five years.
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Korean Air announced on August 12 on the Korea Exchange that a board resolution will replace the shareholders' meeting resolution to approve the merger with Asiana Airlines. Asiana Airlines held an extraordinary shareholders' meeting earlier in the day to vote to pass the merger with Korean Air. On December 17 this year, the two companies will officially complete the merger, ending a merger process that has lasted more than five years.
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