Daniel Loeb Urges Sotheby’s Shareholders to Support Him in Newest Open Letter

April 22nd, 2014

Daniel Loeb, via CNBCAnother letter from Third Point’s Daniel Loeb attacks Sotheby’s for failing to acknowledge the strength of his choices for board seats at the auction house.  “We are convinced that having an owner’s perspective in the boardroom yields better results, that this board is in dire need of fresh insights, and that our candidates are more qualified than the company’s emissaries we are seeking to replace,” Loeb writes.

Read the the letter at Value Sotheby’s