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
JUNE 18, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - DAN C & SHEILA WINTERS 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.
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By Cale Guthrie Weissman - Friday Sep 15, 2017
Despite big hand waves, Facebook, Google, and Twitter aren’t doing enough to stop misinformation.
Every day a new front emerges in Big Tech’s battle against fake news. Signs of trouble reared their head during the election, when hyper-partisan misinformation began materializing on Facebook. Months later it became known that many of these sites had been weaponized in a larger misinformation campaign spearheaded by external players, including the Russian government.
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By Jordan Crook - Tuesday Sep 26, 2017
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Highlights from the shows, including a celebrity-packed front row at Calvin Klein and a trek to Bedford Hills, N.Y., to see Ralph Lauren’s vintage cars.