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SHANGHAI (AP) — A complete bootlegged copy of Michael Lewis' bestselling book about Wall Street, "Liar's Poker," was hosted on the official website of the Chinese Commerce Ministry, the agency responsible for intellectual property protection in China, The Associated Press has found.
US hedge fund Elliott said on Friday it had filed an appeal against a court ruling in favour of the proposed merger of two Samsung Group subsidiaries. The Seoul Central District Court on Wednesday rejected a request from Elliott to stop Cheil Industries buying Samsung C&T Corp through an all-stock deal worth $8 billion, a move designed to facilitate Samsung's founding Lee family's father-to-son succession. "Elliott was disappointed with the recent first instance Court decision not to grant a preliminary injunction to prohibit Samsung C&T from seeking shareholder approval for the Proposed Takeover" at a shareholder's meeting on July 17, the firm said in a statement.