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-- -- activist investor Daniel -- calling for electronics and entertainment giant Sony to -- office entertainment unit.
And of this firm says could boost shares by as much as 60% nice idea of Fox -- -- that Shapiro.
Has been following the story I think that's a big -- from third -- -- mr.
-- but I can't -- -- -- on us when we're nice thing.
Well they're responding to let's get right into it this is what Daniel Loeb essentially saying it's about raising the share value of Sony's stock and he said quote our plan shifts.
That paradigm and we believe -- managed properly it could result in as much as a 60% upside to -- share price.
And that's according to third point but Sony responded saying.
As president and CEO.
-- here -- has said repeatedly.
The entertainment businesses are importing contributors to Sony's growth and are not for sale and we look forward to continuing a constructive dialogue with our shareholders.
As we purchase our strategy here's the deal.
Sony entertainment accounts about 40% of the value of Sony Sony electronics.
Falling behind everyone talks about the fact that Sony TVs currently are sold at a loss -- -- this the company that brought us the treated Tron who didn't have a trainer try to at least know someone.
With a -- -- back in the eighty's and ninety's.
So they want to get at least with Daniel Loeb wants is to split these two and to increase the share price Sony shares traded up one point 2% on the Nikkei and they're up almost 11%.
Here on the New York Stock Exchange -- All right Adam and there is -- SN ES two dollars and change when you won a seven Adam thank --
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