Activist Investor Dan Loeb Suggests Disney Spinoff ESPN, Integrate Hulu Into Disney+, Cut Costs, and More

Investor Daniel Loeb and his firm Third Point have reportedly purchased a “significant stake” in The Walt Disney Company. In turn, Loeb has sent a letter to Disney CEO Bob Chapek detailing some of his suggestions for the company. What’s Happening: As Bloomberg reports, after purchasing more shares of $DIS stock, activist investor Dan Loeb has […]

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