Sony mulls over hedge fund's proposal to spin off entertainment unit

Sony will carefully consider the proposal by Third Point, a hedge fund that owns 6.9% of the company's shares, to spin off its entertainment business, CEO Kazuo Hirai told shareholders. "This is an important proposal that will influence the future of Sony," said Hirai, who said he understands the need for changes at the electronics giant but has been hesitant to spin off the entertainment unit.

View Full Article in:

ClipSyndicate · Business Times (Singapore), The · PhysOrg.com · New York Times (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Hardgoods Product Manager
Independent Welding Distributors Cooperative
Indianapolis, IN
Executive Director of Finance
URBN, Inc.
Philadelphia, Pennsylvania
Manager/Buyer, General Merchandise & Clothing
New York University
New York, New York
eCommerce Operations Manager
Converse
Boston, Massachusetts
Senior Internal Auditor
Books-A-Million
Florence, Alabama