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
JULY 08, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - CIMINELLI INVESTOR GROUP 1, LLC
Around the Web
- Dan Loeb buys a chunk of Nestle, blasts ‘staid’ culture
By Carleton English - Monday Jun 26, 2017
- Investor Takes on Buffalo Wild Wings
Wednesday May 17, 2017
Marcato Capital Management wants a management shake-up, but the restaurant chain has other ideas.
- Rooted in Counterculture, Whole Foods’ Founder Finds an Unlikely Refuge
By MICHAEL J. de la MERCED and ALEXANDRA STEVENSON - Friday Jun 16, 2017
John Mackey wanted to fight off the activist investors attacking Whole Foods. He found a savior in Amazon, a company blamed for laying waste to retailers.
- Emma Sold To Investment Group; CEO Smith Steps Down
Thursday Oct 12, 2017
Email service provider Emma has been sold to an investor group.
- 7 Frank Lloyd Wright Windows to Go Home
By EVE M. KAHN - Wednesday Jul 12, 2017
A newly restored house in Buffalo by Frank Lloyd Wright receives a bountiful stained-glass gift from the University of Victoria in Canada.
- The Atlantic to be Sold to Jobs’ Social Investment LLC
By Ruth McCambridge - Monday Jul 31, 2017
Have you heard of the large and often anonymous LLC-based funder that just bought majority shares in The Atlantic?