Loeb Escalates Dow Chemical Campaign

The transcript discusses Daniel Loeb's efforts to increase pressure on Dow Chemical to improve returns. Loeb, who owns a 1.87% stake in Dow, has held meetings with CEO Andrew Liveris and launched a public campaign with a website, value-dow.com, to highlight Dow's recent failings. Third Point, Loeb's hedge fund, has also created an advisory board to provide strategic advice. In response, Dow has been divesting units and announced measures to enhance shareholder returns, but Loeb continues to push for more changes.

What percentage of Dow Chemical does the investor own?

• 1.87%

• 4.0%

• 3.1%

• 2.5%

What is the name of the website launched as part of the public campaign?

• value-dow.com

• dow-improvement.com

• dow-investment.com

• dow-returns.com

Who is included in the advisory board created by Third Point?

• Steve Miller and Andrew Liveris

• Steve Miller and Ray Milcho Vich

• Ray Milcho Vich and Andrew Liveris

• Andrew Liveris and Steve Miller

What action did Dow take in response to the investor's pressure?

• Acquired a new unit

• Increased dividends

• Divested various units

• Launched a new product

How much did Dow agree to sell a unit for?

• $1 billion

• $1.22 billion

• $2 billion

• $1.5 billion