SINGAPORE (Apr 9): Three years ago, veteran US activist hedge fund manager Paul Singer of Elliott Management waged a proxy battle to shake up South Korean tech giant Samsung Electronics Co. Though Singer failed in his battle to stop the merger between two affiliated firms within the Samsung group, he won the war. Lee Jae-young, Samsung’s vice-chairman and heir apparent whose father Lee Kun-hee has been in a coma for nearly five years, was jailed for bribing an associate of then President Park Geun-hye to facilitate that deal, triggering her impeachment and removal a year ago.

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