In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist

SEOUL (Reuters) – In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Korea’s top conglomerate.

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In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist