Auction house Sotheby’s is going private after acquisition by French billionaire Patrick Drahi
Billionaire telecommunications executive and art collector Patrick Drahi acquired auction house Sotheby’s. After more than 30 years as a public company, Sotheby’s returns to private ownership. Patrick Drahi offered $3.7 billion for the 250-year-old auction house. The transaction would result in Sotheby’s returning to private ownership after 31 years as a public company … Read more
