Shares of companies owned by Samsung rose today in Asia after yesterday’s news of Chairman Lee Kun-hee’s death. Fundamental analysis: Investors hope for a restructuring On Sunday, Samsung announced that Lee, 78, lost his life following six years in the hospital to a heart attack. Lee Kun-hee helped make Samsung a worldwide technology and industrial giant. He stepped up as the leader of Samsung in 1987 following the death of his father, Lee Byung-chul, who was the company’s founder. Analysts are now hoping that his departure will lead towards restructuring and higher dividends to shareholders. “His legacy will be everlasting,”
Full ArticleSamsung stock price gains after chairman’s death
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