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Dan Loeb Orchestrates Sotheby’s Sale in the Nick of Time
A deal to sell the auction house came just before a $1 billion lawsuit got the go-ahead.
Dan Loeb’s somewhat rocky investment in auction house Sotheby’s International is coming to an end — and just in time to avoid a lawsuit by a Russian billionaire art collector accusing Sotheby’s of enabling a $1 billion fraud against the collector.On Tuesday, a New York federal judge said he would
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