{"id":40882,"date":"2014-02-28T07:04:38","date_gmt":"2014-02-28T12:04:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40882"},"modified":"2014-02-28T07:04:38","modified_gmt":"2014-02-28T12:04:38","slug":"hedge-fund-manager-loeb-launches-proxy-battle-at-sothebys","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2014\/hedge-fund-manager-loeb-launches-proxy-battle-at-sothebys.html","title":{"rendered":"Hedge fund manager Loeb launches proxy battle at Sotheby&#8217;s"},"content":{"rendered":"<p>Reuters &#8211; Billionaire hedge fund manager Daniel Loeb is mounting a proxy fight at Sotheby&#8217;s with the goal of winning three board seats after the auction house&#8217;s promise to return $450 million to shareholders failed to appease activist investors.<\/p>\n<p>Loeb&#8217;s $14 billion Third Point, Sotheby&#8217;s biggest investor with a 9.53 percent stake, said on Thursday in a regulatory filing that it is proposing a slate that includes Loeb, restructuring expert Harry Wilson and former investment banker Olivier Reza.<\/p>\n<p><a href=\"http:\/\/www.chicagotribune.com\/business\/sns-rt-us-thirdpoint-sothebys-20140227,0,4747508.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Billionaire hedge fund manager Daniel Loeb is mounting a proxy fight at Sotheby&#8217;s with the goal of winning three board seats after the auction house&#8217;s promise to return $450 million to shareholders failed to appease activist investors. Loeb&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40882","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=40882"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40882\/revisions"}],"predecessor-version":[{"id":40883,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40882\/revisions\/40883"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}