Sotheby’s Adopts Poison Pill Defense Against Loeb

Nov. 11 (Bloomberg) -- Oliver Chen, analyst at Citigroup Global Markets, examines the poison pill defense adopted by Sotheby’s against a possible hostile-takeover attempt by activist investor Dan Loeb. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

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13:21 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Alice Rivlin, senior fellow at The Brookings Institution, Jacob Frenkel, chairman at JPMorgan Chase, and Angel Gurria, secretary-general at OECD. (Source: Bloomberg)
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