Korean Government to Pay $430M to U.S. Hedge Fund for Involvement in Samsung MergerSamsung C&T and Cheil Industries MergerDecision by the Permanent Court of ArbitrationGovernment to Pay $430 Million in Compensation It has been revealed that the U.S. hedge fund Mason Capital initiated the Investor-State Dispute Settlement (ISDS) process, citing losses related to the Samsung merger. Our government has been ordered to compensate partially. Consequently, the government is […]
European Commission Approves Korean Air-Asiana Merger with Conditions AttachedThe European Union (EU) Competition Authority (EC) has conditionally approved the merger of Korean Air and Asiana Airlines. With this, the merger has been approved in 13 out of 14 countries, leaving the United States as the lone exception. Late in the afternoon of the 13th, the EC posted on its website that it conditionally […]
Truth Social, Donald Trump's Social Media Platform, Reports $73 Million in LossesFormer U.S. President Donald Trump's social media platform, 'Truth Social,' incurred losses of $73 million since its launch.
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