cit point blank pekalongan citer dianwahyuanggriawan Archive

  • Sony Corp”s board is expected to reject a proposal from activist investor Daniel Loeb, whose fund is the company”s largest shareholder, to spin-off part of its entertainment division, the Nikkei newspaper reported. Many directors argued, <strong>cit</strong>ing a report from financial advisers, that Sony could compete better by maintaining close links between the entertainment and electronics divisions, the Japanese business daily said. Sony”s...

    Sony expected to reject entertainment spin-off: Report

    Sony Corp”s board is expected to reject a proposal from activist investor Daniel Loeb, whose fund is the company”s largest shareholder, to spin-off part of its entertainment division, the Nikkei newspaper reported. Many directors argued, citing a report from financial advisers, that Sony could compete better by maintaining close links between the entertainment and electronics divisions, the Japanese business daily said. Sony”s...

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  • Japan”s Sony Corp on Tuesday rejected a proposal from Daniel Loeb to spin off part of its entertainment business, arguing it could still squeeze synergies from its marriage of content and hardware while promising greater disclosure. Sony”s decision could end a three-month effort by Loeb”s Third <strong>Point</strong> LLC hedge fund to convince the company to sell as much as a fifth of its money-making entertainment arm – movies, TV and mu...

    Sony rejects Loeb’s proposal to spin off entertainment unit

    Japan”s Sony Corp on Tuesday rejected a proposal from Daniel Loeb to spin off part of its entertainment business, arguing it could still squeeze synergies from its marriage of content and hardware while promising greater disclosure. Sony”s decision could end a three-month effort by Loeb”s Third Point LLC hedge fund to convince the company to sell as much as a fifth of its money-making entertainment arm – movies, TV and mu...

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  • Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year. Loeb”s Third <strong>Point</strong> hedge fund has built up a $1.1 billion stake in Sony, making it the Japanese group”s biggest shareholder, and Loeb said on Tuesday he was pushing Sony to sell up to a fifth of its profitable music and movie business in a move...

    Hedge fund billionaire Loeb says Sony reminds him of Yahoo

    Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year. Loeb”s Third Point hedge fund has built up a $1.1 billion stake in Sony, making it the Japanese group”s biggest shareholder, and Loeb said on Tuesday he was pushing Sony to sell up to a fifth of its profitable music and movie business in a move...

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