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Reuters: Sotheby's shares jump as Bacon artwork sells for record price

Started by chris, May 15, 2008, 09:21:05 PM

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chris

Sotheby's shares jump as Bacon artwork sells for record price
      


BANGALORE (Reuters) - Shares of global auction house Sotheby's  rose more than 9 percent Thursday, a day after a Francis Bacon painting was snapped up for a record-breaking $86 million at its New York post-war art auction, soothing concerns about a slowdown in the art market.
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