Dan Loeb, the aggressive activist investor, is set to speak at the NYTimes Dealbook Conference today. The hedge fund manager, famous for writing stinging and blunt letters to company boards, is currently involved in shaking up Sothebys (NYSE:BID) and Sony Corporation (ADR) (NYSE:SNE). Admittedly his tactics with Sony’s board are more polite than his usual style. Loeb initially suggested that the Japanese electronics company should spin off its entertainment and film arm and focus on its core business. His suggestions did not find favor with Sony’s board, however the CEO of Sony admitted that Loeb was right in saying that Sony needs to…
Dan Loeb On Bill Ackman, FedEx At Dealbook Conference 2013
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.