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Loeb Rips Sotheby's Board Over Performance Claims

By Kurt Orzeck (April 14, 2014, 9:15 PM EDT) -- Activist investor Daniel Loeb continued to escalate his battle with Sotheby's on Monday by releasing an investor presentation on why his hedge fund should obtain three board seats, saying Sotheby's financial performance is unacceptable despite management's rosy claims....

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