Located in New York, in year 2013, Third Point LLC, a hedge fund became the largest owner of Sony Corporation (Sony) shares. The proposal comprised of two primary items: (1) Take public a 15-20% risk in Sony Entertainment, and (2) Focus on industry-leading businesses to bring growth to Sony Electronics.
Sony reciprocated that it was not contemplatingselling out entertainment division. In accordance with the Sony representative, “The entertainment companies are essential contributors to Sony’s growth and are not looking for sale. We look ahead to continuing the constructive dialogue along with our shareholders as we pursue our strategy."
Sony Corporation-Is the Sum Greater Than the Parts case study solution
PUBLICATION DATE: April 10, 2014 PRODUCT #: TB0365-PDF-ENG
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