Bloomberg: Singer’s Elliott Presses Hyundai for Richer Deal, Dividends

Maryann Keller, principal of MK&A, was quoted by Bloomberg on Elliott Management’s $1 billion investment in Hyundai. Maryann states, “Korean companies focus on what’s best for the business, and that’s not always what’s best for shareholders,” she said. “Just like in Japan, there’s been very little success in changing the behavior of Korean companies to mold them into the American model.”

This article can be read at the below link:
https://www.bloomberg.com/news/articles/2018-04-23/singer-s-elliott-steps-up-pressure-on-hyundai-motor-group

*Photo Credit: SeongJoon Cho/Bloomberg