Billionaire investor Daniel Loeb, who runs Third Point, made a U-turn on Disney when he built a new stake in the second quarter, not long after exiting his position months earlier.
The Walt Disney Company shares scooped up by activist investor Daniel Loeb's hedge fund proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
BOSTON (Reuters) - Hedge fund Third Point on Monday unveiled a new position in Walt Disney Co and made a string of suggestions, ranging from spinning .
Hedge fund Third Point on Monday unveiled a new position in Walt Disney Co and made a string of suggestions, ranging from spinning off cable sports channel ESPN to share buybacks to new board