The changes requested by the Third Point hedge fund underscore the idea that legacy food brands must radically shake up their portfolios to remain profitable.
NYS Entity Status
NYS Filing Date
MAY 22, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - 13-24 128 ST LLC
AROUND THE WEB
- Shareholders Demand More Drastic Shifts at Nestlé
By STEPHANIE STROM - Tuesday Jun 27, 2017
- Third Point, a Hedge Fund, Sets Its Activist Sights on Nestlé
By MICHAEL J. de la MERCED - Sunday Jun 25, 2017
The fund, run by Daniel S. Loeb, has called on the Swiss food giant to sell its stake in L’Oréal and move more quickly to adapt to changing consumer tastes.
- Dan Loeb's Third Point Makes Its Largest-Ever Bet With Nestlé Stake
Sunday Jun 25, 2017
Billionaire activist investor Daniel Loeb’s Third Point LLC hedge fund has taken a $3.5 billion stake in Nestlé SA, piling pressure on the world’s largest packaged foods company to find ways to accelerate growth.
- Sebastian Muñoz takes 3-stroke lead at Greenbrier Classic
By Associated Press - Friday Jul 7, 2017
PGA Tour rookie Sebastian Muñoz has found a comfortable routine at the Greenbrier Classic — go play golf, then watch a movie at night.After catching “Ferris Bueller’s Day Off” following an opening-round 61, Muñoz kept it going Friday, shooting a 3-under-par 67 to improve to 12-under 128 for a three-stroke lead over Ben Martin and Hudson Swafford heading into the weekend on the Old White TPC in White Sulphur Springs, W.Va.At the St. Jude Classic last month, he was tied for the lead through 36 holes, but played the final two rounds in 11 over and finished tied for 60th.The 24-year-old Colombian played college golf at North Texas and said he got a wake-up call when his coach threatened to take away his scholarship for his senior year.Davis Love III, seeking to become the oldest winner on the PGA Tour, followed his first-round 63 with a 69.Mickelson had five bogeys and three birdies to shoot 72 and make the cut on the number at 1 under.Rory McIlroy missed the cut at the Irish Open for the fourth time in five years, leading the four-time major winner to express concerns about parts of his game ahead of the British Open.
- Needham Joins Final Nike/USL HSG Top 25 With Upset of Longmeadow
By mschneider - Tuesday Jun 20, 2017