1. U.S. Hedge Fund Steps Up Campaign Against $8 Billion Samsung Asset Shake-Up

    U.S. Hedge Fund Steps Up Campaign Against $8 Billion Samsung Asset Shake-Up

    SEOUL (Reuters) - U.S. hedge fund Elliott ramped up its campaign against a proposed $8 billion merger of two Samsung Group [SAGR.UL] firms, creating a website to lay out its case and saying it wants corporate governance improvements rather than an unfair deal. In a rare case of shareholder activism in South Korea, the fund has filed two injunction requests to block the merger...

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    1. Elliott's moves show an understanding of South Korea.
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