Friday, November 22

Tag: Elliot Management

Biggest Shake for SAMSUNG In 47 Years..
News

Biggest Shake for SAMSUNG In 47 Years..

REUTERS- India has the highest level of collaboration globally between sales and marketing departments to strengthen their relationship to drive business success and achieve revenue growth, showed a research by network tech giant Samsung Electronics Co Ltd, under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history. The move and a plan to raise dividends come after U.S. hedge fund, Elliott Management in October called for the South Korean firm to split itself into a holding vehicle and an operating company. However, the world's top maker of smartphones, memory chips and televisions, said it was "absolutely neutral" about whether to proceed and provided little de...