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 C&T shareholders.
Elliott admits that restructuring the Samsung Group empire is necessary, they are not insulated from having to adhere to applicable corporate governance standards.
Here’s Elliott’s presentation:
Mott Capital Management 4Q20 Commentary
Mott Capital Management commentary for the fourth quarter ended December 31, 2020. Q4 2020 hedge fund letters, conferences and more We survived and flourished in 2020. That is the good news. For the year, the Mott Capital Management Thematic Growth Composite climbed by 25.4% net of fees and transaction costs, easily beating the S&P 500 Read More