Daniel Loeb’s Third Point Unveils $115M Stake In Disney

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.

Related: Daniel Loeb In Retreat: Backs Off Sony, Praises George Clooney

This article was printed from https://deadline.com/2013/08/daniel-loebs-third-point-unveils-115m-stake-in-disney-564494/