Whitebox Advisors LLC: Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation
Whitebox Advisors LLC: Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation Asserts LG's Recently-Announced Proposed Spin-Off Would Fail to Create Value for Long-Suffering Minority Shareholders Believes the Board Should Focus on Narrowing LG's Staggering Trading Price Discount, Which is Currently 69% Relative to Net Asset Value Encourages the Board to Abandon Anti-Shareholder Maneuvers in Favor of Improving LG's Corporate Governance and Implementing the Company's Long-Delayed Capital Management Plan Whitebox Advisors LLC today sent the below letter to LG Corporation's Bo...
Source: finanznachrichten.de