Tag: Samsung C&T

Samsung Merger Approved In Blow To Elliott

Samsung Merger Approved In Blow To Elliott

Not surprisingly, Samsung’s controlling Lee family managed to convince shareholders to approve an $8 billion merger of two Samsung affiliates that will solidify family heir Lee Jae-yong’s grip on prized Samsung Electronics Co. The merger only passed by a small […]

Elliott Management Presentation on Samsung C&T

Elliott Management Presentation on Samsung C&T

Elliott Management and Paul Singer put out a presentation today on Samsung C&T and Cheil Industries. The story is well-told that Elliott is trying to block the deal. Its basis is that the deal is unfair and unlawful to Samsung […]