Also categorized in BoardNews:
Taiwan Court Orders Reinstatement Of Two CPDC Board Candidates As Contested Vote Nears
x hide permanently

Breaking News: U.S. Activist Investor Elliott Loses Hyundai Proxy Fight

Stock Market Quotes and News

SEOUL--U.S. hedge-fund manager Elliott Management Corp. lost its battle to boost dividends and gain board seats at South Korean auto giant Hyundai Motor Group, highlighting the challenge activist firms face in proxy fights with Asia's family-run businesses. The setback follows a victory last year against Hyundai, when the conglomerate called off a corporate restructuring that Elliott said lacked business rationale and hurt shareholders...

Mentions: Management Samsung Proxy Fight