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
MARCH 08, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - C&S REDEMPTION 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.
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The Moriah Shock Incarceration Correctional Facility in Mineville, N.Y., is one of a handful of boot-camp prisons nationwide that offer shorter sentences in exchange for participation in programs that aim to reduce recidivism. Photo: Claudio Papapietro for The Wall Street Journal
- 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.
- Boy dies at sleepaway camp after complaining about stomach issues
By Fox News - Thursday Jul 13, 2017
Authorities are investigating the death of an 11-year-old New Jersey boy who reportedly was suffering from gastrointestinal problems while at sleepaway camp in Pennsylvania. Daniel “Ae Roo” Beer, who had celebrated his birthday last week, was reportedly treated at the camp infirmary on Sunday, before being taken to Bon Secours Hospital in Port Jervis, N.Y.,...
- Dan Loeb buys a chunk of Nestle, blasts ‘staid’ culture
By Carleton English - Monday Jun 26, 2017
Dan Loeb just placed his biggest bet ever on a chocolate company. The activist investor’s hedge fund Third Point LLC amassed a $3.5 billion stake in Nestle, the world’s largest packaged foods company, representing roughly 1.25 percent of the Swiss-based company’s shares. Loeb is hoping to reinvigorate the brand amid changing food tastes as well...