Samsung’s Crushing Defeat
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
After all, in everyone's eyes, the person behind Samsung was Wall Street. Whatever it did, it should have received Wall Street's approval or… At least a tacit approval.
Therefore, no one had expected that the Poison Pill Plan would bypass the major shareholders of Wall Street and conduct its own board meeting!
Their goal was also to rely on the Poison Pill Plan to harm the interests of the existing shareholders and rely on the large capital of England.
As one of the five consortiums, with England backing them up, Samsung would not be in too much danger for the time being. They had to get through this crisis first and then ease the tension.
Lee Jaerong had a good plan, but… Wall Street did not know that!
After learning that Samsung had held a press conference and announced the Poison Pill Plan and the White Knight, Wall Street financial groups were furious!