Third Point LLC
Coverage of Third Point LLC in the Nexus archive.
- Vail Resorts taps bankers to play defense
Vail Resorts is consulting takeover-defense bankers to assess vulnerabilities amid pressure from labor groups, billionaire Matthew Prince, and natural challenges. Rob Katz, reappointed as CEO, is addressing customer complaints and Prince's $500 million offer for Park City Mountain Resort, while the company faces labor disputes and a severe winter season.
- Dan Loeb Reveals DOJ Threat to Trump Over Ross Ulbricht Commutation in Final Hours of First Term
Hedge fund manager Dan Loeb claims the Department of Justice threatened President Donald Trump in January 2021, warning it would 'go after' him if he commuted Ross Ulbricht's sentence. Trump later withdrew the commutation, which was eventually granted in January 2025 during Trump's second term. Ulbricht, creator of the Bitcoin-based Silk Road marketplace, was serving a double life sentence plus 40 years for charges including narcotics distribution and hacking.