Hedge fund boss Loeb lobbies for breakup of Sony
FILE - In this Thursday, Feb. 7, 2013 photo, Sony signs hang from a store in Tokyo. A U.S. hedge fund has proposed that Sony Corp. selling up to 20 percent of its entertainment business to use that money to strengthen its ailing electronics unit. In a May 14 letter to Sony President Kazuo Hirai, first published in The New York Times, Daniel Loeb, chief executive of hedge fund Third Point, suggested Sony take 15 percent to 20 percent of the entertainment unit public. (AP Photo/Junji Kurokawa, File)