- Dan Loeb is officially waging a proxy fight against Sotheby's (BID -1%): The activist investor has nominated himself to the auction house's board, along with restructuring expert Harry Wilson (a veteran of Loeb's Yahoo campaign) and ex-banker Olivier Reza.
- Sotheby's, under pressure from Loeb's Third Point and other activist firms, announced a special dividend and $150M buyback last month. Prior to that, the company adopted a poison pill.
From other sites
at Nasdaq.com (Fri, 10:47AM)
at 4-traders.com (Wed, 2:21AM)
at CNBC.com (Mar 18, 2015)
at Nasdaq.com (Mar 4, 2015)
at Benzinga.com (Feb 20, 2015)
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