Time to Break Up Sony?
May 14th 2013 8:24PM
Updated May 14th 2013 11:25PM
The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill along with analysts Jason Moser and Andy Cross discuss the top business and investing stories of the day.
Shares of Sony hit a new 52-week high on Tuesday on the news that hedge fund manager Dan Loeb was pushing for Sony to spin off its entertainment division. Loeb, who owns a 6.5% stake in the Sony, hand-delivered a letter to Sony CEO Kazuo Hirai. In this installment of MarketFoolery, our analysts talk about the future of Sony.
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The relevant video segment can be found between 0:27 and 5:15.
The article Time to Break Up Sony? originally appeared on Fool.com.Andy Cross, Chris Hill, Jason Moser, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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