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Activist Investing Today: What’s Next at Sony With Third Point Hovering
The Activist Investing Today podcast spoke with The Deal’s media, technology and communications expert Chris Nolter, about whether there would be interest in acquiring Sony’s entertainment assets now that it appears Third Point’s Dan Loeb is seeking to shake things up at the Japanese diversified multinational company. Nolter noted that Sony owns a major Hollywood studio and “there just are not that many of them, so it always has been valuable.” Nolter points to a bidding war that led to a sweetened $71 billion sale of Fox’s TV production and other operations to Disney, as an example why…
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