Sony has said “thanks, but no thanks” to Third Point LLC activist investor Dan Loeb’s proposal to spin off its semiconductor business and focus on entertainment. The Japanese company responded to Loeb ...
In its 45-year existence, hip-hop has emerged a pop culture mainstay. It’s long made black culture desirable, set music trends and taken fashion to new heights. Harlem legend and fashion icon Dapper ...
Sony shares got a boost Friday on hopes billionaire investor Dan Loeb will persuade the conglomerate to shed one of its “crown jewels.” Loeb argued in an eight-page letter to shareholders and 102-page ...
Power moves coming off heels of Yahoo buyout hints at ominous consequences. I've found that Playstation fans aren't very trusting of Dan Loeb and Third Point. When news came out that he approached the ...
Dan Loeb isn’t through with Sony just yet. The hedge fund manager and founder of asset management firm Third Point told investors in a letter Thursday that while Sony Corp. "has avoided the topic of ...
Daniel Loeb’s hedge fund Third Point is building a stake in Sony Corp to push for changes, the second time in six years it has targeted the Japanese electronics maker, people familiar with the matter ...
Kazuo Hirai describes his relationship with Loeb and his hedge fund as "fairly good" and acknowledges his firm's studio should refine its movie greenlighting process. By Georg Szalai Global Business ...
More than a year after questioning Sony Corp.’s management approach and sharply criticizing its film and television studio for a handful of box-office flops, activist investor Dan Loeb has sold his ...
Japan’s stock market has been tumbling and the board of directors has not been too responsive, but Dan Loeb keeps pushing hard on Sony. The billionaire New York activist investor has disclosed that ...
When Daniel Loeb first revealed his activist position in Sony in May, the brash New York hedge fund billionaire took a delicate and respectful approach in advocating that the electronics company break ...