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Dan Loeb's pitch to break up Sony lifts stock

New York Post - 15 Jun 2019 04:01
Dan Loeb's pitch to break up Sony lifts stock Sony shares got a boost Friday on hopes billionaire investor Dan Loeb will persuade the conglomerate to shed one of its "crown jewels." Loeb argued in an eight-page letter to shareholders and 102-page slideshow Thursday that the tech-and-entertainment empire should sell its semiconductors division and instead focus on video games, music, movies and television. It...
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