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Third Point LLC is a New York-based hedge fund founded by Daniel S. Loeb in 1995. The firm operates as an employee-owned and SEC-registered investment advisor. Third Point primarily invests in public equity, fixed income, and ADR markets globally and deploys an investment strategy that capitalizes on companies “undergoing events such as spinoffs or bankruptcies and pushes for corporate ...
Daniel Seth Loeb (born December 18, 1961) [1] is an American investor, hedge fund manager, and philanthropist.He is the founder and chief executive of Third Point, a New York-based hedge fund focused on event-driven, value-oriented investing with $4 billion in assets under management, as of December 2023.
The lawsuit is the latest move in a bitter proxy contest in which billionaire investor Dan Loeb and his Third Point hedge fund wants to replace Campbell's 12-member board so it can appoint its own ...
3. Verizon Communications. Billionaire Dan Loeb's Third Point hedge fund has a sizable position in Verizon Communications (NYSE: VZ) but hasn't added to its stake recently. It's a different story ...
In a private call with Third Point investors, Loeb put AWS' enterprise value above $1.5 trillion and its core retail business at $1 trillion, the WSJ reported.
Third Point's demands, first reported by Reuters earlier on Monday, could lead to a major shake-up at Prudential, only a few months after it spun out its European insurance and asset management ...
Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should keep chip design and production under one roof, according to a letter it ...
UPDATED with Disney’s response. Disney has responded to a letter from Third Point’s Daniel Loeb, reaffirming the leadership of CEO Bob Chapek and pushing back at Loeb’s call for a “refresh ...
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