The Traderszone Network

Published in TZ Latest News 17 June, 2015 by The TZ Newswire Staff

U.S. hedge fund steps up campaign against $8 billion Samsung asset shake-up

U.S. hedge fund Elliott ramped up its campaign against a proposed $8 billion merger of two Samsung Group [SAGR.UL] firms, creating a website to lay out its case and saying it wants corporate governance improvements rather than an unfair deal. The deal is a key step in Samsung Group’s ongoing efforts to ensure a stable leadership transfer for the founding Lee family.

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