Sotheby’s pay the price for having investors with short-term horizons
Feb 5th, 2014 | By Ivan LindsaySotheby’s caved in to pressure from short-term investors last week by announcing it would pay shareholders a US$300m dividend in March and that it might sell its New York and London offices. Sotheby’s intended to use its cash position to grow into a diversified conglomerate holding positions in art and real estate. The cash allowed
[continue reading…]
SUBSCRIBE VIA RSS
BECOME A FAN ON FACEBOOK