Activist investor Dan Loeb’s Third Point sued auction house Sotheby’s to remove a corporate defense that has capped his firm’s stake under 10% of the company’s stock.
Third Point’s Loeb Sues Sotheby’s
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Activist investor Dan Loeb’s Third Point sued auction house Sotheby’s to remove a corporate defense that has capped his firm’s stake under 10% of the company’s stock.