Sotheby's Announces Its Biggest Sale — Itself — For $3.7 Billion
The deal puts the auction house, which was founded in 1744, on a path to becoming a private company again.
by Bill Chappell
Jun 17, 2019
1 minute
Updated at 1:28 p.m. ET
Sotheby's has accepted a merger offer from entrepreneur Patrick Drahi, who will purchase the auction house for $3.7 billion. The deal puts Sotheby's, which was founded in 1744, on a path to
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