[Reuters] Third Point raises Sony stake, presses entertainment spin-off

Posted by: UGN Security

[Reuters] Third Point raises Sony stake, presses entertainment spin-off - 06/17/13 08:18 PM

TOKYO (Reuters) - New York-based hedge fund company Third Point said on Tuesday that it had raised its stake in Sony Corp and asked for an opportunity to present its proposal for a partial spin-off of the company's entertainment unit to Sony's board.