1. Sony's Big Activist Investor Flips Its Prior Thesis Upside Down

    Sony's Big Activist Investor Flips Its Prior Thesis Upside Down

    Dan Loeb's Third Point recently revealed that it had accumulated a $1.5 billion stake in Sony (NYSE: SNE) , and advocated a spin-off of its semiconductor business to finance a more aggressive expansion of its film and gaming businesses. Third Point's stake in Sony wasn't surprising, since it has already invested in the Japanese conglomerate before...

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