Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday May 14, 2013

Hedge Fund Calls For Sony To Spin Off Entertainment Arm

Your attention please! If you are a large corporation looking for totally unsolicited advice, this is your guy! roll eyes (sarcastic)

Billionaire hedge fund investor Daniel Loeb on Tuesday called on Sony Corp to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker.