Daniel Loeb acquired 13.9 Million Bath & Body Works shares worth $458 Million. That's 6.79% of their entire equity portfolio (5th largest holding). The investor owns 6.08% of the outstanding Bath & Body Works stock. The investor's estimated purchase price is $500 Million, resulting in a loss of 8.4%.
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