Billionaire Investor Took a New Stake in Flex Ahead of Its Planned Cloud Spinoff
Dan Loeb ‘s Third Point acquired an investment in Flex Ltd. (NASDAQ: FLEX ) in the second quarter, buying 1.0 million shares, valued at about $166 million, as of June 30. Recent News: On Monday, Flex agreed to sell $2.0 billion of Series A Convertible Preferred Stock in Axiom Solutions International, its Cloud and Powe