Posts Tagged ‘ Loeb’s letter to Sotheby’s ’

Daniel S. Laub, founder and major shareholder in Third Point LLC

Activist investor Dan Loeb attacks Sotheby’s

Oct 3rd, 2013 | By

Activist investor, Daniel S. Loeb, has revealed that his hedge fund, Third Point, is now the largest shareholder in Sotheby’s holding 9.3% of the outstanding shares.  Known for his stellar results and previous shareholder activism at Sony and Yahoo Loeb has now turned his sights on Sotheby’s writing an open letter asking for the resignation of
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