Sotheby’s to Purchase $73.8 Million in Shares From MarcatoBy and
Auctioneer’s third-largest holder to sell 2.05 million shares
Marcato among activists who pushed for change at Sotheby’s
Sotheby’s plans to purchase $73.8 million of stock from Marcato Capital Management, the activist hedge fund that’s the company’s third-largest shareholder.
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