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South Korean court sides with Samsung in lawsuit to invalidate controversial merger

By Ron Lubosco ( October 19, 2017, 09:52 GMT | Insight) -- The Seoul Central District Court today rejected a lawsuit seeking to nullify the controversial merger between Samsung C&T and Cheil Industries, siding with the nation's largest conglomerate. The merger was widely considered to have benefited Samsung Electronics vice-chairman Lee Jae-yong in his plans to succeed his father as head of Samsung Group....

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