Take context from the input text and decide on the accurate relationship between 'Samsung' and 'SEOUL' from the options provided.
Options: chairperson, location of formation, developer, position held

SEOUL (Reuters) - The $8 billion (5.16 billion pounds) merger of two Samsung Group [SAGR.UL] affiliates cleared another major hurdle, with requests for buybacks from shareholders opposed to the deal falling well short of the amount that could have scuppered it.
location of formation