Daniel Loeb

Sony rejects Third Point's proposal to spin off entertainment unit

Japan's Sony Corp rejected on Tuesday a proposal from activist shareholder Daniel Loeb to spin off a part of the electronics...

Yahoo investor Dan Loeb to leave board $610 million richer

Loeb joined the Yahoo board along with two of his hand-picked choices, turnaround specialist Harry Wilson and former MTV executive Michael Wolfe. Wilson and Wolfe are leaving Yahoo's board along with Loeb.

Sony hires Morgan Stanley, Citi to gauge spin-off option

Sony Corp has tapped Morgan Stanley and Citigroup to help sound out options for its entertainment business, according to a media report...

Sony could sell 20 percent stake in movie, TV and music business

Sony's CEO Kazuo Hirai says the company's board will be discussing a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division...

Sony assessing spin-off plan; cuts sales targets for cameras, mobiles

Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business.

Sony to assess spin-off proposal for entertainment business - Nikkei

Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported...

Hedge fund billionaire Loeb says Sony reminds him of Yahoo

Billionaire hedge fund manager Daniel Loeb says Sony reminds him of Yahoo before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year...