Hedge Fund Third Point Takes New Stake in Walt Disney (DIS)
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Third Point Accumulates Position in The Walt Disney Company, Files for Hart-Scott-Rodino to Engage Directly with the Company
August 15, 2022 10:15 AM EDTThird Point Seeks Constructive Engagement with Disney on Numerous Issues
NEW YORK--(BUSINESS WIRE)-- Third Point LLC (LSE: TPOU) (Third Point), a New York-based investment firm managing approximately $14 billion in assets today sent a letter to Disney (NYSE: DIS) CEO Bob Chapek, the full text of which is below.
Mr. Robert A. Chapek
Chief Executive Officer
The Walt Disney Company
500 S. Buena Vista Street
Burbank, CA 91521
August 15, 2022
Dear Bob:
Congratulations on a... More
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