In a recent investor presentation, Daniel Loeb outlined his five point plan for bringing Sotheby’s back to profitability, pushing his case for allowing Third Point a more vocal position in the company’s proceedings. Â Loeb’s plan includes action points on curated auctions and private sales, attacks on the company’s planning on its S|2 Gallery, and inquiries into how to utilize the auction spaces during downtime. Â Read Third Point’s Investor Presentation
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Third Point Investor Presentation at Sotheby’s Outlines Flaws, Opportunities for Company