In June, Patrick Drahi, a French-Israeli telecommunications billionaire, took Sotheby's private in a deal worth $3.7 billion. The purchase, by Mr. Drahi's BidFair USA, returned the only publicly traded major auction house to private ownership after 31 years on the New York Stock Exchange. " The New York Times
SOURCE: ArtsJournal at 07:48PM on October 28, 2019