Dan Loeb Launches Website In Fight With Sothebys

HFA Padded
Mark Melin
Published on
Updated on

Dan Loeb has taken his media campaign to shake up Sothebys (NYSE:BID) staid board of directors to a new level, launching a web site solely devoted to his aggressive activist communication tactics. Launching dedicated web site targeting board not done every day While launching a web site entirely devoted to one takeover target is not unique – activist fund manager Bill Ackman did it with Herbalife, Trian Fund Management’s Nelson Peltz built a site in his fight with PepsiCo and Loeb also did it with Yahoo – the activity is rare and signals the level of seriousness to which the battle…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.