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
AUGUST 14, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - ORANGE NEWCO INVESTORS, LLC
AROUND THE WEB
- Dan Loeb buys a chunk of Nestle, blasts ‘staid’ culture
By Carleton English - Monday Jun 26, 2017
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WAWAYANDA, N.Y. (AP) — Oscar-nominated actor James Cromwell is heading to jail in New York for blocking traffic to protest a power plant.A town judge sentenced the 77-year-old Cromwell and two fellow protesters to a week in the Orange County Jail for civil disobedience at the construction site of a 650-megawatt natural gas-fired power plant in December 2015.
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A company based in Texas has recalled a coffee product after a substance found in a drug used to treat erectile dysfunction was found in the product, the Food and Drug Administration (FDA) confirmed. Bestherbs Coffee LLC has recalled all of its “New of Kopi Jantan Tradisional Herbs Coffee” after the FDA said it found...