Vigorous response from Sotheby’s on Loeb’s latest salvo
Apr 9th, 2014 | By Ivan Lindsay On April 4th the activist investor Dan Loeb fired off another open letter to Sotheby’s shareholders calling for support for himself and two others to join the Sotheby’s board and detailing all that he believes is wrong at Sotheby’s. He says that Sotheby’s has, “lost market share in highly profitable areas like Contemporary Art
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