Loeb Escalates Dow Chemical Campaign

Loeb Escalates Dow Chemical Campaign

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Interactive Video

Business

University

Hard

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of stake does the individual mentioned in the text own in Dow Chemical?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions has the individual taken to increase pressure on Dow Chemical's CEO?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the name of the website launched by the individual to promote his campaign?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are some of the members included in the Advisory Board created by Third Point?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent measures has Dow Chemical taken in response to the pressure from the activist investor?

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OFF