1. Loeb to Sotheby's: My directors are better

    Loeb to Sotheby's: My directors are better

    Dan Loeb continued his battle with Sotheby's on Monday with a new letter promoting Third Point's board nominees over the art house's slate...

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    1. We are convinced that having an owner's perspective in the boardroom yields better results, that this board is in dire need of fresh insights, and that our candidates are more qualified than the company's emissaries we are seeking to replace.
    2. Notwithstanding how much we would enjoy a board meeting catered by the Union Square Cafe, we respectfully submit that Harry's credentials are far better suited to board service at Sotheby's than Mr. Meyer's.
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