Third Point LLC
Sony will hold a meeting tomorrow, in which it will discuss a proposed split between its entertainment and electronics divisions, according to a Nikkei report.
Third Point LLC headlines
Sony is reportedly in talks with Morgan Stanley and Citigroup regarding splitting its Entertainment and Electronics divisions.
Daniel Loeb, CEO of Third Point, LLC, Sony’s largest investor which controls over $1.1 billion in shares, around 6.5%, wants the firm to split its Sony Entertainment business from Sony Electronics.