Dan Loeb's 2nd Letter to Sony, Pushing For Spin-Off Again

(via www.marketfolly.com)

Dan Loeb's hedge fund firm Third Point has been pushing for a partial spin-off of Sony's (SNE) entertainment division.  Loeb initially hand-delivered a letter to Sony's management team, outlining his plan for the company.

Loeb has since increased his position in Sony to around 7% of the...

Shared: 
Twitter: 4 LinkedIn: 0 Facebook: 0