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KM Financial Solutions | UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit
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UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit

13 Jun UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit

Posted at 00:36h in News by
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Daniel Loeb’s activist hedge fund Third
Point LLC called on Sony Corp on Thursday to spin off
its semiconductor business and sell off stakes in Sony Financial
and other units, in order to position itself as a leading global
entertainment company.

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