Tag Archives: dan loeb

Disney’s Answer to Activist Investor Dan Loeb’s Accusations

Disney sued

Yesterday we reported that activist investor Dan Loeb, CEO of Third Point Management, had sent a letter to Disney CEO Bob Chapek, explaining their “significant stake” in the company and encouraging Disney to make a series of changes to cut costs and generate cash flow. Some of those changes include:  A cost-cutting program that addresses margins and “the disposal of ...

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