UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit
Daniel Loeb’s activist hedge fund Third
Point LLC called on Sony Corp on Thursday to spin off
its semiconductor business and sell off stakes in Sony Financial
and other units, in order to position itself as a leading global
entertainment company.
Point LLC called on Sony Corp on Thursday to spin off
its semiconductor business and sell off stakes in Sony Financial
and other units, in order to position itself as a leading global
entertainment company.
Posted by Reuters
