Active Investor Dan LoebThird Point LLC acquired new shares of Walt Disney and is calling on the media company to buy the rest of Hulu, explore an ESPN spin-off and refresh its board.
Mr. Loeb on Monday said his company, has liquidated a large amount Disney earlier this year, acquired a “substantial stake” in the company and sent a letter to the Disney CEO Bob Chapek urged the company to engage with the Third Point on a number of issues.
