Samsung had it rough in the last weeks; fiasco of Galaxy Note 7 made a serious financial impact on the company. That is possibly why the Elliott Associates, an US hedge fund, made a suggestion about splitting the Korean giant into two firms. According to Elliott’s, Samsung in its current form is undervalued by around 70%. Hedge fund proposes that Samsung should split into an operating company and a holding company, as well as pay $27 billion of dividend. At first, reportedly, Samsung was uninterested in this movie, but now, according to Seoul Economic Daily, the Koreans are considering the possibility. The rumour is that the heir to the company, one Jay Y. Lee, is very interested in splitting.eng –

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