Sotheby's Investor Marcato Pushes to Sell New York, London Properties
- Wall Street Journal
- Oct 23, 2013
- 1 min read
Wall Street Journal · 10/23/2013
Sotheby's doesn't just have an activist problem. It has a two-activists problem.
The auction house faces one hedge fund manager—Daniel Loeb of Third Point LLC—loudly banging down the doors over its performance. Meanwhile, another hedge fund is working behind the doors to get the company to sell its physical home.
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