Sony spin-off plan off the agenda but on the radar at shareholder meeting

Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives Conference in Las VegasBy Mari Saito TOKYO (Reuters) – Sony Corp's top investor Daniel Loeb will miss its shareholder meeting on Thursday and those attending will not be considering his proposal to partially spin off the lucrative entertainment business, sources familiar with the matter said. But his suggestion, which strikes at the heart of whether Sony remains both a consumer electronics maker and a provider of music, movies and TV programs, will be the elephant in the room at the annual gathering – and for months to come. …

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