TOKYO -- A U.S. activist investor that had frequently clashed with Sony over its repeated requests for divestitures of noncore businesses sold most of its holdings in the Japanese technology company in the second quarter, Nikkei learned on Monday.
Companies
Activist investor Third Point offloads most of Sony holdings
Daniel Loeb's repeated requests to divest went unanswered
Sony`s stock price had risen 39% between the end of 2018 and the end of June 2020. © Reuters
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