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From Breakingviews - Breakingviews - COMMENTARY: Palliser’s Samsung buyback bet puts a hat on a hat reut.rs/4zYFc0k
reut.rsBreakingviews - COMMENTARY: Palliser’s Samsung buyback bet puts a hat on a hatThe activist wants the South Korean titan to sop up $100 bln of preferred shares but overcomplicates the play by calling for the issuance of US ADRs to fund it. Demanding ordinary shares' exclusion from repurchases also risks driving a wedge between foreign and local investors.
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