By Guest Post. Originally published at ValueWalk.
Elliott urges Samsung to split
Samsung Group said it will “carefully consider” Elliott Management Corp.’s call for the conglomerate to restructure its complicated ownership structure. The New York-based hedge fund with a 0.62 percent stake in Samsung Electronics said in a statement that the “unnecessarily complex” structure of Samsung Group was undermining the shares of the tech giant. Elliott said Samsung…
The post Elliott urges Samsung to split appeared first on ValueWalk.
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