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Hedge fund Elliott: Samsung Group must offer fair price for restructuring

2015-06-18 02:28:38| Semiconductors - Topix.net

U.S. activist hedge fund Elliott said on Thursday South Korea's Samsung Group [SAGR.UL] should make a fair offer to Samsung C&T Corp ( Elliott, a Samsung C&T shareholder, said that while it "understands and is supportive" of the need for South Korea's largest conglomerate to restructure in relation to its ongoing succession process, Samsung Group should properly recognize Samsung C&T's value.

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