Elliott To Sell Most Samsung C&T Shares After Losing Merger Battle – ValueWalk Premium
Elliott Associates Samsung C&T

Elliott To Sell Most Samsung C&T Shares After Losing Merger Battle

Elliott Associates LP asked Samsung C&T Corp to buy back the bulk of its shares after the U.S. hedge fund lost a proxy battle to block a proposed takeover of Samsung C&T by affiliate Cheil Industries Inc.

However, many believe the activist hedge fund could still attempt to block the planned merger through legal measures.


Elliott couldn’t thwart Samsung C&T merger
As detailed by . . .

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