1. Elliott Pushes for Hyundai Shareholder Support After Dividend Proposals Rejected

    Elliott Pushes for Hyundai Shareholder Support After Dividend Proposals Rejected

    REUTERS/Kim Hong-Ji SEOUL (Reuters) - Elliott Management Corp on Wednesday urged shareholders of a Hyundai Motor Group firm to vote for its proposal for higher dividends and new board members, a day after the South Korean conglomerate rejected demands by the U.S. activist investor...

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    1. We are ... asking today for all shareholders to support these landmark resolutions, which are designed to both transform governance and right-size the company's overcapitalized balance sheet.
    2. We expect a vote showdown at the upcoming meeting, which will create a favorable environment for minority shareholders.
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