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The board of directors of Samsung Electronics Co., Ltd. was today sent a letter by Samsung Electronics shareholders Blake Capital LLC (“Blake“) and Potter Capital LLC (“Potter“), both of which are Elliott affiliates. The letter, which is reproduced below, sets out certain restructuring, capital return, investor access and governance improvement proposals for Samsung Electronics (the “Samsung Electronics Value Enhancement Proposals“). A copy of the letter, together with an accompanying presentation, can be found at http://sevalueproposals.com
Despite being…
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