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Elliott begins dispute against South Korea over 2015 Samsung merger: government official

SEOUL (Reuters) – U.S. activist fund Elliott Management has begun a legal dispute with South Korea over a controversial 2015 merger of two Samsung affiliates after Elliott lost a proxy battle to block it, a South Korean government official said on Tuesday.

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Faltering voice, head down, Korean Air daughter appears for police questioning

With a faltering voice and her head down, the youngest daughter of Korean Air Lines’ chairman apologized on Tuesday for a recent angry outburst as she made her first appearance for questioning by police over the incident. Cho Hyun-min, the younger sister of the notorious “nut rage” heiress of the airline, who got into trouble over a petulant outburst in 2014, is being investigated by police over allegations that she threw a drink at people at a business meeting last month. “I am genuinely sorry for causing this concern,” Cho Hyun-min told a media scrum, before heading …read more […]