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Shinsegae acquires pro baseball club from SK Telecom

South Korean retail giant Shinsegae Group said Tuesday it will acquire a professional baseball club owned by SK Group as it seeks to boost marketing with the sports team. E-Mart Inc., the country's biggest discount store chain run by Shinsegae, has agreed to buy the SK Wyverns of the Korea Baseball Organization (KBO) from SK Telecom Co., the country's largest mobile carrier, for 135.2 billion won ($122 million). The deal includes acquisition of SK Telecom's 100 percent stake in the Wyverns as

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