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US investor Elliott takes aim at Asia's family-run firms

2015-06-19 05:33:10| Semiconductors - Topix.net

The Samsung logo is show as the Korean conglomerate is one of the family-owned firms in Asia being challenged by activist investors such as US hedge fund Elliott Management headed by billionaire Paul Singer. Photo: AFP US billionaire Paul Singer appears to have paved the way for activist investors to fight for shareholders' rights where few hedge funds have ventured: Asia's biggest family-run firms.

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