Loeb Boosts Sony Stake Pushes Entertainment IPO

Loeb Boosts Sony Stake Pushes Entertainment IPO Play

June 18 (Bloomberg) -- Third Point, the hedge fund led by billionaire Daniel Loeb, increased its stake in Sony while pushing for talks with the board on a proposed initial public offering of the company’s entertainment business. Olivia Sterns reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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