Daniel Loeb’s hedge fund Third Point is building a stake in Sony to push for changes, Reuters reported on April 8 citing people familiar with the matter.
Third Point’s stake in the $58 billion Japanese firm could not be learned but the hedge fund is raising money so it can buy more Sony shares, Reuters said.Third Point amassed a stake in Sony in 2013. Loeb called for a partial breakup of the company including an initial public offering of its entertainment business. Third Point exited Sony a year later after the unsuccessful campaign.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sony surges on report Third Point's Daniel Loeb is targeting the company once again, building stakeShares of Japanese electronics conglomerate Sony surged Monday after a report that Daniel Loeb's hedge fund Third Point is building a stake.
Source: CNBC - 🏆 12. / 72 Read more »
Exclusive: Loeb's Third Point building stake to pressure Sony - sourcesDaniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp t...
Source: Reuters - 🏆 2. / 97 Read more »
Sony and Chicken Soup for the Soul Entertainment are launching a joint AVOD venture, Crackle PlusSony Pictures Television has sold its stake in the AVOD service Crackle to CSS Entertainment, and will together to launch new JV called Crackle Plus.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sony is on the verge of announcing a new PlayStation — here are 5 crucial things it needs to do to stay on topWith new consoles in the near future, we're looking at what Sony needs to maintain dominance of the video game industry with its next PlayStation. mkothman DesertGamer5000
Source: BusinessInsider - 🏆 729. / 51 Read more »
I kept hearing about these 'Bose killer' headphones. So I finally tried them out, and they're seriously good.The Sony WH-1000 XM3 headphones are worthy adversaries for the Bose QC35 — here's how to know which pair is best for you. I have a pair of the noise canceling ear buds and they work great on noisy airplanes.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Although transgender workers face steep barriers, corporate America wants to hire themLocal organizations are fielding more requests from companies to provide inclusivity training as state legislation pushes workplaces to become inclusive. In Los Angeles, a recent job fair for the transgender community drew corporate giants such as Hilton, Sony, Starbucks and Viacom. What wasn’t inclusive about the existing process that looked for the best person for the job? Uh oh!
Source: latimes - 🏆 11. / 82 Read more »
Sony surges on report Third Point's Daniel Loeb is targeting the company once again, building stakeShares of Japanese electronics conglomerate Sony surged Monday after a report that Daniel Loeb's hedge fund Third Point is building a stake.
Source: CNBC - 🏆 12. / 72 Read more »
Exclusive: Loeb's Third Point building stake to pressure Sony - sourcesDaniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp t...
Source: Reuters - 🏆 2. / 97 Read more »
This year's biggest blockbuster probably won't be 'Star Wars' or 'Avengers'Despite massive advanced ticket sales for the 'Avengers: Endgame' and anticipation for 'Star Wars: Episode IX,' theater owners, ticketing agents and analysts predict the year's top-grossing film will be Disney's 'The Lion King.' Merve nin dedikodusu olmaz ayıp konunun üzerine 😂😂😂❤️❤️❤️ Ludicrous. Keep smoking
Source: CNBC - 🏆 12. / 72 Read more »