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...
NYS Entity Status
NYS Filing Date
FEBRUARY 04, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - DAN CIN, LLC
AROUND THE WEB
- Dan Loeb buys a chunk of Nestle, blasts ‘staid’ culture
By Carleton English - Monday Jun 26, 2017
- 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.
- Cyclist Killed by Bus in New York’s First Citi Bike Fatality
By MATTHEW HAAG and HANNAH ALANI - Tuesday Jun 13, 2017
Dan Hanegby of Brooklyn fell under a bus’s tires in Chelsea. He worked for Credit Suisse and was once the top-ranked tennis player in Israel.
- Trump’s Tough Talk on North Korea Puts Japan’s Leader in Delicate Spot
By JONATHAN SOBLE - Friday Aug 11, 2017
North Korea’s accelerating military advances — and President Trump’s volatile response — could complicate Japan’s close alliance with the United States.
- Listing of the Day: Byron Bay
Friday Jul 7, 2017
The entire estate covers 274 acres of coastal bushland and enjoys a nearly one mile stretch of beach frontage to the Pacific Ocean and Marine National Park
- Byron holds off Menard to win Xfinity Series race at Indy
By Associated Press - Sunday Jul 23, 2017
Byron holds off Menard to win Xfinity Series race at IndyINDIANAPOLIS — William Byron’s first trip to Indianapolis Motor Speedway ended with an unforgettable finish.After taking the lead with 15 laps left, the teenage rookie used some savvy moves and a little luck Saturday to hold off the hard-charging Paul Menard for his third NASCAR Xfinity Series win in less than a month.The margin of 0.108 seconds was the narrowest in race history, and he did it by successfully blocking the 2011 Brickyard 400 winner for the final two laps while dealing with a troublesome tire for the final 20.At 19 years, 7 months, 23 days, Byron became the youngest winner of a major race on Indy’s historic 2.5-mile oval.Byron and the series’ other drivers used restrictor plates, new air ducts and a different splitter in hopes of making the race more competitive than in past years.Dale Earnhardt Jr. defended his wife’s Twitter post — and blamed himself for putting her in a position where she felt she had to speak out.Five days after Amy Earnhardt wrote it wouldn’t be “worth the risk” to see her husband compete in next year’s Clash at Daytona, the 42-year-old driver explained that outsiders don’t understand what the family endured as he recovered from concussion-related symptoms last year.