Ron Burgundy Posted November 28, 2016 Share Posted November 28, 2016 South Korea's Samsung Electronics Co Ltd will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of the founding Lee family to strengthen their grip on the global smartphone leader, the crown jewel of the Samsung Group business empire. Elliott proposed a split in October to boost shareholder value. View the full article Quote Link to comment Share on other sites More sharing options...
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