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US hedge fund galvanizes Korean shareholders to pressure Samsung, South Korea’s richest family

Thousands of South Korean investors are backing an American hedge fund’s bid to thwart a business combination between Samsung companies that they argue will only enrich the country’s wealthiest family. At stake: Billions of dollars for the Lee family that

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Corporate Governance Issues Create Volatile Trading In Samsung Stocks

Last week, Cheil Industries (028260.Korea) and Samsung C&T (000830.Korea) announced a stock-only merger, prompting concerns over corporate governance issues. The proposed merger was all about the founding Lee family’s control over flagship Samsung Electronics. The merger has no operational synergies and

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