BRIEF-Third Point Llc ups stake in Sotheby's to 12.1 pct as of Aug. 15

* Third Point Llc increases stake in Sotheby's to 12.1 pct as of Aug 15, 2016 from 10.75 pct as of Feb 26, 2016 - SEC filing Source text: http://bit.ly/2bloDVB Further company coverage:
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