Mail Campaign Boosts Loeb's Candidates In Sotheby's Fight – ValueWalk Premium

Mail Campaign Boosts Loeb's Candidates In Sotheby's Fight

The campaign season is heating up.  No, not the midterm Congressional elections.  This is the campaign for shareholder mindshare as activist hedge funds challenge their often entrenched board of directors to become more aggressive in enhancing return.

The latest campaign salvo came from activist investor Daniel Loeb in Third Point’s mailing campaign targeting Sotheby's (NYSE:BID) shareholders.  The mailer headline encourages stockholders to “Vote the White . . .

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