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Reuters: Sotheby's Q3 loss balloons; plans restructuring

Started by chris, November 08, 2008, 03:59:12 AM

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chris

Sotheby's Q3 loss balloons; plans restructuring
      


(Reuters) - Sotheby's , the world's largest publicly traded auction house, posted a 55 percent rise in its quarterly loss, hammered by losses on auction guarantees, and lower private sales commissions and commission margins.</p><div class="feedflare">
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