Sotheby’s Adopts Poison Pill Defense Against Loeb

Sotheby’s Adopts Poison Pill Defense Against Loeb Play

Nov. 11 (Bloomberg) -- Oliver Chen, analyst at Citigroup Global Markets, examines the poison pill defense adopted by Sotheby’s against a possible hostile-takeover attempt by activist investor Dan Loeb. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

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