Samsung clears hurdle on way to $8 billion shakeup as court rules against U.S. fund
A South Korean court on Tuesday denied an injunction request by a U.S. hedge fund trying to block builder Samsung C&T Corp (000830.KS) from selling treasury shares to ally KCC Corp (002380.KS), clearing another hurdle for a proposed $8 billion merger of Samsung Group [SAGR.UL] firms.