Posts Tagged ‘ Sotheby’s performance ’

Olivier Reza, one of the candidates suggested by Loeb to join the Sotheby's board

Third Point counters Sotheby’s latest position

Apr 15th, 2014 | By

Dan Loeb’s Third Point LLC has produced a vigorous response to Sotheby’s latest position by submitting a well researched new filing to the  SEC.  In a form schedule 14A, citing ‘Definitive Additional Materials,’  Third Point shows how that slumping profits and falling revenue back up their claims that Sotheby’s needs some new directors, a clearer vision
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Tags: Activist investors, art market, Loeb's battle with Sotheby's, Sotheby's performance, Third Point LLC