Sotheby's In the Cold Light of Day
Sotheby's isn't necessarily going to become more like Christie's just because it is going private; Christie's London Imp-Mod Evening Sale = £36.4m
The second-day stories on Patrick Drahi’s agreement with Sotheby’s board to take the auction house private have exposed a misunderstanding of the role Sotheby’s listing on the NYSE plays in the company’s management. Confusing cause and effect while ignoring the widely diverging business strategies that the major auction houses have embraced, the press s…
Keep reading with a 7-day free trial
Subscribe to Artelligence to keep reading this post and get 7 days of free access to the full post archives.