Samsung's Cheil, pitching $8 billion merger, pledges higher returns

Jun 30 2015 3:07AM EST | Source: REUTERS Technology

SEOUL (Reuters) - Locked in a battle with an activist U.S. hedge fund, the Samsung Group's [SAGR.UL] de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.