Harman shareholders unhappy with Samsung deal, file lawsuit to block it

13 January 2017
The suit is against Harman's CEO and board of directors, alleges $8 billion is below the corporate value.

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  • AnonD-265341
  • nb9
  • 13 Jan 2017

Harman is known as a premium quality band, Samsung is not, actually they are known for the opposite. Not bad, but cheap and rarely premium.

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    • AnonD-60230
    • PEW
    • 13 Jan 2017

    Julliard, 13 Jan 2017"Samsung agreed to pay $112 per share, a 28% premium on the... moreYou shouldn't speak when you have no idea what you're speaking! market share price doesn't actually represent the true worth of the company! it might obviously be undervalued as per the market! a lot of factors like the current market value of their assets held and their future expected performance is considered while determining true price of their shares and market doesn't always calculates it in a healthy manner!

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      • AnonD-442781
      • H5N
      • 13 Jan 2017

      sr777, 13 Jan 2017So true, that's why nobody buys Samsung products. Yep, nobody except almost everybody.

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        • AnonD-255623
        • f}m
        • 13 Jan 2017

        sr777, 13 Jan 2017So true, that's why nobody buys Samsung products. Err no. HTC has had the best audio quality but people don't buy based on audio quality nor headphone jacks (otherwise the iPhone wouldn't have sold any). They buy based on branding and their wallets and after sales support.

          • s
          • sr777
          • teq
          • 13 Jan 2017

          Tourettes Guy, 13 Jan 2017In short, Samsung would still suck in terms of audioSo true, that's why nobody buys Samsung products.

            Julliard, 13 Jan 2017"Samsung agreed to pay $112 per share, a 28% premium on the... moreIsn't it obvious. They want $500 per share.

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              • AnonD-568777
              • pUR
              • 13 Jan 2017

              Wonder if Harman's shares will fall all the way back to 77.91 (early Nov price) if the offer is blocked...

                "Samsung agreed to pay $112 per share, a 28% premium on the day and 37% higher than the average share price for November (Harman shares currently trade at just over $110)."

                So, what the problem? Isnt Samsung paying more? Shareholders...typical greedy businessmen. In the end they will get nothing. $0 deal.

                  In short, Samsung would still suck in terms of audio

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                    • AnonD-625786
                    • 0@p
                    • 13 Jan 2017

                    Excellent! Hope the deal will be blocked :)

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