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Hedge fund pushing for Samsung’s split not deterred by Galaxy Note 7 debacle

Last week, major New York-based hedge fund Elliott Associates publicly came out with a proposal that it wants Samsung Electronics to be split up into separate holding and operating companies and that a one-time dividend amounting to $27 billion should also be paid to shareholders. Elliott happens to own 0.62 percent of the behemoth that is Samsung Electronics and while the company has said it.
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A couple of days ago New York-based hedge fund Elliott Associates publicly proposed that Samsung Electronics be split up into a holding and operating company as well as give shareholders a one-time dividend amounting to $27 billion ...


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