Samsung mulls split to fuel investor bonanza and management shake-up
South Korean electronics giant Samsung is considering cleaving itself in two by hiving off its prized smartphone division from the rest of the business, to enhance its share price and allow heirs to the Lee family founders to assume a leadership role.
The radical restructuring has been put forward by US activist hedge fund Elliott Management and will be considered by Samsung’s board of directors tomorrow, according to reports in Seoul Economic Daily.
Should this meeting ok the plans, it wo
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