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The Hedge Fund Manager and the Auction House: A Brief Sotheby's Explainer
In October, we noted activist investor Dan Loeb's opening salvo in his battle with Sotheby's: a public letter that sought reforms, sane and otherwise, at the auction house. Within two days of receiving Loeb's screed, Sotheby's adopted what is called a "poison pill" provision. Two days ago, Loeb file