Sony mulls over hedge fund's proposal to spin off entertainment unit

Sony will carefully consider the proposal by Third Point, a hedge fund that owns 6.9% of the company's shares, to spin off its entertainment business, CEO Kazuo Hirai told shareholders. "This is an important proposal that will influence the future of Sony," said Hirai, who said he understands the need for changes at the electronics giant but has been hesitant to spin off the entertainment unit.

View Full Article in:

ClipSyndicate · Business Times (Singapore), The · PhysOrg.com · New York Times (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Product Manager
Smithsonian Museum Retail
Washington, Dist. Columbia
communications program manager, Partner Resources-Seattle, WA
Starbucks
Seattle, Washington
director, mobile engineering, Global Technology - Seattle, WA
Starbucks
Seattle, Washington
Sr. Social Media Specialist
DSW
Columbus, Ohio
Product Development Manager
Vermont Country Store
Manchester, Vermont