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275-Year-Old Sotheby's Goes Private In $3.7 Billion Buyout
Article By:
Tyler Durden
Monday, June 17, 2019 11:48 AM EDT
After seeing its share price collapse over 40% in the past few months, 275-year-old Sotheby's has been scooped up by French-Israeli businessman Patrick Drahi for $3.7 billion.
In this article: BID
Charts That Matter - Monday, November 26
Article By:
Ritesh Jain
Monday, November 26, 2018 6:10 PM EDT
Shares of Sotheby’s, which had predicted every crisis in the past decades, have lost 34% from this year’s all-time high. General Motors prepares for Carmageddon.
Art Market Send Important Signal To Stocks Yesterday?
Article By:
Chris Kimble
Thursday, November 16, 2017 7:38 AM EDT
Sotheby's has an unfilled gap near the $30 zone, roughly 30% below current prices. What BID does next could become very important to the intermediate term for this company.
In this article: BID
A Curious Beast: Sotheby’s
Article By:
Tim Knight
Tuesday, November 7, 2017 7:44 PM EDT
Sotheby’s (BID) is a curious beast, because it’s one of the few public companies that pretty much caters just to the rich. After all, how many of us are going to toddle down to the auction to put $30 million for a piece of modern art?
In this article: BID