Activist Investor Buys Stake in Disney and Pushes for Changes

Mergers, Acquisitions and Divestitures
Third Point, the firm founded by billionaire investor Dan Loeb, has bought back into Disney and proposed a spinoff of ESPN, takeover of Hulu and new board members.

By BY LAUREN HIRSCH, BENJAMIN MULLIN AND BROOKS BARNES from NYT Business https://ift.tt/HYdZEXP