Posts tagged as: Daniel Loeb

Sony May Split the Company After Proposed IPO

Sony executives are considering splitting the company’s entertainment and electronics divisions, following billionaire Daniel Loeb’s proposed initial public offering of its entertainment business. The entertainment arm includes all PlayStation properties, alongside Sony’s film and music businesses. Loeb, with Third Point LLC, owns a 6 percent stake in Sony worth $1.1 billion, and is Sony’s biggest […]

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