Sony and Third Point declined to comment. Third Point also wants clarity on how the semiconductor and insurance divisions fit in to the rest of the company. Third Point wants Sony to explore options for some of its business units, including its movie studio, which the hedge fund believes has attracted takeover interest from the likes of Amazon and Netflix, the people said. Sony is in the middle of a turnaround effort spearheaded by Kenichiro Yoshida, its CEO and former CFO. – Reuters said that, according to people familiar with the matter, Daniel Loeb’s hedge fund firm Third Point is building a stake in Sony to push for changes. A spokesperson for Ghosn didn’t immediately have a comment on the shareholder meeting. Ghosn says he is innocent of all alleged wrongdoing. Senard will become vice chair of Nissan’s board, a newly created position. That ensures the French car company, which owns 43.4 percent of Nissan, retains the full complement of board members mandated by its shareholding agreement with Nissan. They elected Renault chair Jean-Dominique Senard to replace him. – The Wall Street Journal reported that Nissan Motor Co shareholders voted to remove Carlos Ghosn from the Nissan board, ending his final connection with the company he has led for nearly two decades.
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