Skip to main content

Dan Loeb Unsure Sony Heard Him The First Time

  • Author:
  • Updated:

It's remains unclear to the hedge fund why it must offer itself up for a seat on the board more than once but the universe works in mysterious ways. So Third Point is just going to put it out there again, if Mr. Hirai likes it, he can take it, if he doesn't, send it right back: "We reiterate our offer to serve on Sony’s Board of Directors...Although we have not yet been asked to discuss our ideas with the Company’s investment bankers or Board, we would like to do so promptly. We hope that after seriously considering the merits of our proposal, Sony’s Board will share the enthusiasm that other shareholders have resoundingly expressed for it."">Third Point Letter To Sony [PDF]