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
'Terminator: Genisys' Lords Over 'Salvation'; Dinos Mighty With $84.3M More; 'Minions' Well Outpacing 'DM2' - Intl Box Office Final