Will Samsung Split In Two?

Hedge Funds
by youtube.com posted 7years ago 1020 views
Samsung said it will disclose plans to boost shareholder value on Tuesday — a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts. A split in two has long been a subject of market speculation with analysts noting that such a move could help the Samsung Group founding family heirs to boost their control of the world's top maker of smartphones, memory chips and televisions. Samsung is also keen not to alienate investors at a time when it is reeling from a disastrous withdrawal of the fire-prone Galaxy Note 7 smartphone that the firm projects will cost 6.1 trillion won in profits over three quarters. http://www.nbcnews.com/tech/tech-news/samsung-unveil-shareholder-return-plans-amid-calls-split-company-n688956?cid=public-rss_20161128 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

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