1. Sony Shares Jump as Pressure From Activist Investor Dan Loeb Raises Prospect of Break-Up

    Sony Shares Jump as Pressure From Activist Investor Dan Loeb Raises Prospect of Break-Up

    One of Wall Street’s most powerful activist investors has trained his sights on Sony for the second time in six years, sending shares in the Japanese conglomerate up on the prospect of a break-up. Dan Loeb, the head of Third Point Capital, is planning to raise up to $1bn (£770m) to raise its stake in Sony and agitate for change, according to reports...

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