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Samsung to Weigh Restructuring

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Nov 29, 2016, 8:20 AM by Eric M. Zeman

Samsung today said it will consider a dramatic overhaul to its corporate structure, but it isn't making any immediate moves. The company is weighing whether or not it should split the firm into a holding company and operating company. The idea is to simplify its complicated structure while also appealing to shareholders to improve value. The company will weigh its options for the next six months before making any major decisions. Some items on the table include a new dividend program, a deep look at its cash holdings and investments, as well as new board-level directors for major business groups. Samsung is a family-run business and one of Korea's largest.

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