Sotheby’s to go private in deal valuing action house at $2.66 billion

The gavel has finally dropped on Sotheby’s. After six years of prodding from hard-charging billionaire Dan Loeb, the famed auction house has agreed to be taken private by French media titan Patrick Drahi — a deal that values Sotheby’s at $ 2.66 billion and ends its 31-year run as a public company. Drahi, a noted art…
Business | New York Post

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