The hedge fund run by CEO Daniel Loeb has revealed a stake in Disney worth $115M, as disclosed in a filing on his holdings as of June 30. Third Point‘s stake amount to less than 1 percent of Disney, or 1.8M shares. This adds to Third Point’s Hollywood holdings in Sony and MGM.
Daniel Loeb’s Third Point Unveils $115M Stake In Disney
What's Hot on Deadline
Nat Geo's 'Mars': "If Mankind Has Two Planets... Then Our Odds Of Extinction Will Drop To Nearly Zero" -- TCA