Billionaire Activist Singer Appeals for Modernizing Samsung

Updated on
  • His Elliott Management wants electronics unit to split in two
  • Hedge fund is betting Samsung’s heir apparent will bite

Samsung Targeted by Activist Investors

Billionaire activist Paul Elliott Singer is betting Samsung Electronics Co.’s heir apparent is so keen to modernize his family’s empire without losing control that he’ll embrace a complex proposal to break up the company, say people familiar with the matter.

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