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-0.000277161862527661 -0.00166297117516616 0.00083148558758318 -0.00221729490022168 -0.0157982261640796 -0.0102549889135254 -0.0041574279379157 -0.013580931263858
Stock impact report

Abrams Capital, Durable Capital Partners, and Foxhaven Join Greenoaks and Altimeter in Legal Effort to End Korea’s Discrimination Against U.S. Companies and Uphold U.S.-Korea Trade Commitm...

Coupang, Inc. Class A (CPNG) 
Company Research Source: Business Wire
Leading investors join Greenoaks and Altimeter in filing a notice of intent to arbitrate under KORUS and submit letters in support of the previously-filed USTR petitionMounting investor support echoes U.S. Government demands and trade warnings to Korea SAN FRANCISCO--(BUSINESS WIRE)--Abrams Capital, Durable Capital Partners, and Foxhaven have joined Greenoaks and Altimeter’s (together, the “U.S. Investors”) legal challenge against the Government of the Republic of Korea (the “ROK Government”) to stop Korea’s discriminatory treatment against Coupang, Inc. (NYSE: CPNG) and other U.S. companies.As previously announced, Greenoaks and Altimeter formally notified the ROK Government of their intent to file arbitration claims under the U.S.-Korea Free Trade Agreement (“KORUS”). They also petitioned the U.S. Trade Representative (“USTR”) to investigate the ROK Government’s conduct under Section 301 of the Trade Act of 1974. Abrams Capital, Durable Capital Partners, and Foxhaven have today f Show less Read more
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