Third Point owns position in Salesforce, WSJ reports

Dan Loeb’s Third Point has built a stake in Salesforce (CRM), the fifth known activist investor with an interest in the software company’s stock, the Wall Street Journal’s Laura Cooper and Lauren Thomas report, citing people familiar with the matter. Third Point is known for establishing positions and pushing for change at companies such as Campbell Soup (CPB), Shell (SHEL), and Walt Disney (DIS), the authors note. The size of the stake and what Dan Loeb’s firm’s plans are couldn’t be learned, the authors say, noting that it’s possible Third Point will remain quiet and not initiate a campaign. Reference Link