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Monday, June 26, 2017

Loeb’s Third Point targets ‘staid’ Nestle for change | Reuters

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Activist investor Daniel Loeb’s Third Point LLC on Sunday unveiled a stake of more than 1 percent in Switzerland’s Nestle SA and urged the world’s largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses.
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@WholeBoardDev: Loeb’s Third Point targets ‘staid’ Nestle for change ow.ly/N1YF30cSQtN #corpgov
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@ToGovern: Loeb’s Third Point targets ‘staid’ Nestle for change ow.ly/N1YF30cSQtN #corpgov
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@lucymarcus: Loeb’s Third Point targets ‘staid’ Nestle for change ow.ly/N1YF30cSQtN #corpgov
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