Hedge fund Third Point calls on Britain's Prudential to break up

(Reuters) - Hedge fund Third Point LLC amassed a more than $2 billion stake in Prudential Plc and called on the British insurer on Monday to split into two companies.Third Point's demands, first reported by Reuters earlier on Monday, could lead to a major shake-up at Prudential, only a few months after it spun out its European insurance and asset management businesses into a new company called M&G Plc .Third Point, which specializes in shareholder activism and is run by Daniel Loeb, wrote to..