SEOUL— Elliott Management Corp.’s latest attempt to shake up the structure and governance of South Korean smartphone giant Samsung Electronics Co. has one important virtue: The U.S. hedge fund is asking Samsung for changes that heir apparent Lee Jae-yong already wants to make himself, according to a Samsung executive involved in the decision-making. Last year, the New York hedge fund narrowly lost a bloody shareholder proxy fight to block a merger of Samsung Group’s de facto holding company with another key affiliate,...

Source: Wall Street Journal October 06, 2016 10:40 UTC