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More on Dan Loeb's Third Point: The fund opened up a 5M share stake in Chesapeake Energy (CHK)...

More on Dan Loeb's Third Point: The fund opened up a 5M share stake in Chesapeake Energy (CHK) in Q2. Other companies in which new stakes were taken: AIG - 2.25M shares. LINTA - 3.25M. NWSA - 4M. Companies in which Loeb liquidated his positions include ANF, CSCO, GOOG, and MCK. (13-F)
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  • chanthirani
    , contributor
    Comments (466) | Send Message
     
    Interesting that Dan Loeb liquidated his position in Google (amongst others) to increase his shares in CHK, AIG, LINTA, NWSA. Since Dan Loeb is known to be an activist investor, does this mean that he thinks that he can turn around these companies?
    14 Aug 2012, 08:37 PM Reply Like
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