Samsung Electronics Is Thinking Of Splitting Up The Company: Why Might It Make Such A Drastic Move?

According to a report by Seoul Economic Daily, Samsung Electronics will think about splitting up the company into two, with the publication acquiring the information from an unnamed source.

The company split was proposed by Elliott Management, an activist hedge fund based in the United States, last month, in a bid to increase shareholder value.

The proposal that was sent in by Elliott Management looks for the electronics company to split up into a holding vehicle, which will be for purposes of ownership, and an operating company.


Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>