Dan Loeb's Third Point Boosts Sony Stake, Reiterates Stance For Entertainment IPO (SNE)
June 18, 2013 at 15:11 PM EDT
Activist investor Dan Loeb of Third Point Capital has taken a larger stake in embattled technology maker Sony (NYSE: SNE ) in an attempt to maximize shareholder value in the conglomerate. Loeb overnight announced that his fund raised its stake in the company to 6.9 percent in a bid