Third Point Offshore Investors Ltd (TPOG.L)
6 Dec 2013
|Market Cap (Mil.):||£473.68|
|Shares Outstanding (Mil.):||48.99|
TOKYO, Aug 6 - Sony Corp rejected on Tuesday U.S. hedge fund Third Point's proposal to spin off its part of its entertainment business.
* Sony Q1 oper profit 36.4 bln yen vs analyst forecast 25.3 bln
TOKYO, Aug 1 - Japan's Sony Corp said on Thursday that its board is still discussing proposals from hedge fund Third Point to spin off the group's money-making entertainment arm to free up cash to revive the electronics business.
July 31 - 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.
* Shareholders press CEO Hirai for detailed stance on spinoff proposal
TOKYO - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman. | Video
TOKYO, June 18 - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman.
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Third Point Offshore Investors Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile