Samsung Heirs Sell $1.2B in Shares: Why Now?
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Samsung Family's Billion-Dollar Stock Dump: Is the Party Over? The mother and sisters of Samsung's chairman are selling $1.2 billion in shares to cover a massive inheritance tax bill, sparking concern among retail investors despite Samsung's soaring stock price fueled by deals with Tesla and OpenAI. Was last year's share buyback just a tax payment strategy?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.