Loeb Pushes for Sony Breakup, Proposes IPO

May 14 (Bloomberg) -- Billionaire Daniel Loeb is pushing for a breakup of Sony, saying the Japanese company should sell part of its entertainment unit in an initial public offering so it can focus on its struggling electronics business. Cory Johnson reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
China Shanshui Shareholders Reject Change
42:25 - China is experiencing a rare tussle for corporate control as shareholders of a cement maker clash amid mounting industry consolidation. China Shanshui Cement Group held an extraordinary general meeting at which the largest shareholder’s proposal to oust its leader was rejected. Bloomberg's Lianting Tu has more on "Trending Business." (Source: Bloomberg)
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