je.st
news
Elliott keeps up criticism of Cheil Industries-Samsung C&T deal
2015-06-26 05:10:39| Semiconductors - Topix.net
U.S. activist hedge fund Elliott continued its public campaign against the proposed $8 billion merger of two Samsung Group companies on Friday, questioning the basis for the projected financial performance of the combined entity. Elliott, Samsung C&T Corp's third-largest shareholder with a 7.1 percent stake, published a 15-page presentation on a website laying out its case against Cheil Industries Inc's all-stock takeover offer, reiterating its opposition to the deal.
Tags: deal
criticism
elliott
cheil
Category:Electronics and Electrical