This Bloomberg video on what activists Peltz, McGuire and Loeb want from the global auction giant rehashes some now familiar themes around taking the company private or cashing in on the value of the firm’s real estate as well as its balance sheet. But just before closing, Dan Loeb’s interest in a change of leadership is raised.
More from Art Market Monitor
Marcato Cuts Its Sotheby’s Stake in Half
Sotheby’s to Head Off Activist Investors with Possible Dividend or Buyback- Loeb Not Satisfied with Sotheby’s CFO Change Demands New Leadership, Discloses 9.3% Stake
- Sell Sotheby’s to Ebay, Adam Lindemann’s Solution to the Board Fight
What Activist Marcato Wants From Sotheby’s
What Happens to Sotheby’s After the Activists Get What They Want?
