Dan Loeb Tries Playing Nice for His $3.5 Billion Nestle Bet
- Activist praises Nestle’s new CEO in latest investor letter
- Third Point said to have met management, Schneider this month
Nestle Targeted by Dan Loeb in $3.5 Billion Bet
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Dan Loeb once branded a CEO who’d defied him as a ‘CVD’ -- chief value destroyer.
He went on to call the two great-grandsons of that company’s founders members of the “Lucky Sperm Club.”