Dan Loeb Takes $157M Stake to Shake Up Sotheby's

Aug. 27 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that hedge fund manager Dan Loeb has acquired nearly a six percent stake in Sotheby's with an eye to making changes to the auction house. She speaks on Bloomberg Television's "In The Loop."
Why Fund Managers Are Scaling Back on Chinese Stocks
02:53 - Bloomberg's David Ingles discusses the performance of the Chinese stock market with Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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