NYSE, BID - Sotheby's Holdings
Sotheby?s (or, together with its subsidiaries, unless the context otherwise
requires, the ?Company?) is one of the world?s two largest auctioneers of
authenticated fine art, antiques and decorative art, jewelry and collectibles.
In 2007, Sotheby?s accounted for $5.4 billion, or 48%, of the total aggregate
auction sales of the two major auction houses that comprise the global auction
market.
The Company?s operations are organized into three business segments: Auction,
Finance and Dealer. In addition to auctioneering, the Company?s Auction segment
is engaged in a number of related activities, including the brokering of private
purchases and sales of fine art, jewelry and collectibles. The Company also
operates as a dealer in works of art through its Dealer segment, conducts
art-related financing activities through its Finance segment and is engaged, to
a lesser extent, in licensing activities. ...
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