18.06.2013 Daniel Loeb raises stakes in Sony, adds pressure to spin off entertainment arm
From Precy Dumlao, Opalesque Asia – Hedge fund billionaire Daniel Loeb on Monday raised his stakes in Sony Corp. by an additional 5 million shares, bringing his total shares to 70 million through director ownership and cash-settled swaps. This will increase the pressure on Sony to discuss Loeb’s proposal to start an IPO for its entertainment business.

According to a report by Business Week, So

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