UPDATE: Sotheby's Responds, Believes Board is Best Positioned for Growth
February 27, 2014 at 13:32 PM EST
Sotheby's (NYSE: BID ) today issued the following statement regarding notice from Third Point LLC submitting nomination for three candidates to stand for election to Sotheby's Board of Directors at the Company's 2014 Annual Meeting: Sotheby's has engaged in extensive discussions with Third Point over the past months in an effort to reach