Loeb and Sotheby's Kiss And Make Up – ValueWalk Premium

Loeb and Sotheby's Kiss And Make Up

The fight for control of Sothebys (NYSE:BID) board was brutal and long. Ultimately Daniel Loeb, manager of the hedge fund Third Point, was granted three board seats. However, today it appears as Loeb may not be achieving his ultimate objective.

Dan Loeb aggressively campaigned for ouster of Sothebys management
When he


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