Sotheby’s auction house has tapped eBay to expand its offerings online, the companies announced in a joint statement today.
Dan Loeb
Posted inNews
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 filed a lawsuit against Sotheby’s.
Posted inOpinion
Hedge Fund Manager Wants Sotheby’s to Start Betting on Art
Dan Loeb, an activist investor and erstwhile Jeff Koons egg-haver, today fired off an apoplectic screed to Sotheby’s on behalf of Third Point LLC, his $14 billion hedge fund.
