Dan Loeb’s Third Point Partners is demanding Sotheby’s open up all three board seats the $14 billion hedge fund is seeking. At this point, Sotheby’s is only offering one seat for Loeb, and the stock has fallen more than $3 per share in just over 24 hours.
“Three Studies of Lucian Freud” by Francis Bacon sold at Christie’s for $142.4 million Tuesday night — the highest price ever paid for an artwork at auction.
It sold with an asking price of $50,000.
A bowl bought for $3 at an upstate New York sale was just sold at Sotheby’s for $2.2 million. What can you trade for this tiny Song Dynasty artifact?
Sotheby’s is auctioning off a working Apple-1 computer, and the it’s estimated to go for at least $180,000. The Apple-1 is one of 50 remaining units and one of only six working units in existence. It includes a cassette interface and several manuals.
The legendary French singer’s handwritten notes are going up for auction at Sotheby’s on November 9th.