Daniel Loeb acquired 13.8 Million Bath & Body Works shares worth $492 Million. That's 8.81% of their entire equity portfolio (4th largest holding). The investor owns 5.44% of the outstanding Bath & Body Works stock. The investor's estimated purchase price is $496 Million, resulting in a loss of 0.9%.
NEW YORK — Bath & Body Works Inc on Monday named veteran financial executive and board member Thomas Kuhn as a new director, ending a potential board challen...
The retailer says Daniel Loeb’s hedge fund is focused on adding a former Third Point partner to the company’s board.
The veteran activists recent letter to the retailers board sets the table for a battle.
Daniel Loeb