Hyundai shareholders to vote on Elliott’s bid to change ‘status quo’

March 22, 2019 admin Business News Comments Off on Hyundai shareholders to vote on Elliott’s bid to change ‘status quo’

Investors in Hyundai Motor Group companies are due to meet on Friday to vote on U.S. hedge fund Elliott Management’s demands for a massive special dividend and board makeover, in the latest case of shareholder activism in the Asian country.

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Source:: Reuters – Business News