23 May
Sony Corp. (6758) directors are discussing whether to adopt billionaire Daniel Loeb ’s proposal for an initial public offering of its entertainment business, a week after the TV maker said the assets weren’t for sale.
23 May
Sony Corp. is considering a proposal by California billionaire Daniel Loeb to sell as much as a fifth of the group's money-making entertainment arm -- movies, TV and music -- to free up cash to revive an electronics business battered by competition from Apple Inc and Samsung Electronics.
22 May
Sony mulls hedge fund's entertainment sale idea Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 3:15 am, Wednesday, May 22, 2013 TOKYO (AP) — Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 ...
22 May
TOKYO--(BUSINESS WIRE)--Sony Corporation1-7-1 Konan, Minato-kuTokyo News & Information No.13-065EMay 22, 2013 Sony Corporate Strategy Meeting FY2013 Implementation of Consistent Corporate Strategy and Acceleration of Transformation Initiatives to Enhance Overall Sony Group’s Corporate Value Tokyo, May 22, 2013 – Sony Corporation (“Sony” or “the Company”) has been accelerating initiatives to ...
22 May
Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics ...
22 May
Sony Corp. (6758.TO) said on Wednesday that an article stating that the company is leaning toward accepting activist hedge-fund manager Daniel Loeb's proposal to take its entertainment arm public is inaccurate.
22 May
Sony to assess spin-off proposal for entertainment business: Nikkei (Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's U.S. listed shares rose 9 percent on Tuesday on the New York Stock Exchange. Disney-owned ESPN cutting hundreds of jobs: source (Reuters) - ESPN ...
22 May
(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's U.S. listed shares rose 9 percent on Tuesday on the New York Stock Exchange. Billionaire hedge fund investor Daniel Loeb last week called on the company to spin off its lucrative entertainment arm, setting the ...
15 May
Hedge fund manager Daniel S. Loeb is pressing Sony Corp. (SNE) into spinning off part of its entertainment arm.