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Whitebox Advisors Sends Letter to Samsung C&T Corporation's Board of Directors Regarding Immediate Opportunities to Enhance Shareholder Value - Vimarsana News

Whitebox Advisors Sends Letter to Samsung C&T Corporation's Board of Directors Regarding Immediate Opportunities to Enhance Shareholder Value

Read trending news, stories and press releases from PMN Wire News about Canadian and international businesses.

Samsung C&T faces increasing pressure from activist funds - Vimarsana News

Samsung C&T faces increasing pressure from activist funds

Whitebox Advisors joined Britain’s Palliser Capital and City of London Investment Management (CLIM) in asking Samsung C&T to enhance shareholder value ahead of its annual general meeting of shareholders next year, the U.S. hedge fund manager said Thursday.

[EXCLUSIVE] Whitebox considers lawsuit against LG - Vimarsana News

[EXCLUSIVE] Whitebox considers lawsuit against LG

[EXCLUSIVE] Whitebox considers lawsuit against LG Posted : 2020-12-17 16:37 US hedge fund considers 'all options' to prevent spin-off By Park Jae-hyuk Whitebox Advisors, a U.S.-based activist hedge fund manager that has demanded LG Group stop its planned spin-off of affiliates, is considering taking legal action against the Korean conglomerate over its refusal to honor the request, a source familiar with the matter told The Korea Times, Thursday. "Whitebox is currently considering all legal and other options," the foreign source said on condition of anonymity. Earlier this week, Whitebox he...

Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation - Vimarsana News

Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation

Press release content from Business Wire. The AP news staff was not involved in its creation. Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation December 14, 2020 GMT Whitebox Advisors LLC today sent the below letter to LG Corporation’s Board of Directors. *** Koo, Kwang Mo Dear Members of the Board of Directors, As you are aware, Whitebox Advisors LLC (together with its affiliates, “Whitebox” or “we”) owns a significant stake in LG Corporation (“LG” or the “Company”). We are a long-term shareholder that has repeatedly sought to engage with the Board...

Source: apnews.com
Whitebox Advisors LLC: Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation - Vimarsana News

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...