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Wednesday, February 27, 2019

Hyundai rejects Elliott's payout call, shares rise ahead of showdown meeting

  Mian Adeel Soomro       Wednesday, February 27, 2019
Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea's second-biggest conglomerate.


from Reuters: Business News https://ift.tt/2T0PoW8
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