[EXCLUSIVE] CJ ENM acquires SM Entertainment  Insiders claim that CJ ENM will be purchasing approximately 18.73% of SM's shares, formerly owned by Lee Soo Man. SM, "We are currently discussing many options with multiple companies. That report is not true".   original post: theqoo 1. Wow, a day like this is coming. Wow SM is being taken over by another company. 2. And SM will manage groups from survival shows. 3. CJ takes over SM...? MAMA will be SM's part