October 4, 2013

Sotheby's sets poison pill against investor challenge

People walk past a carpet on their way to a Sotheby's auction in Hong Kong on October 6, 2008

Elite auction house Sotheby’s on Friday adopted a poison-pill defense strategy to fend off a challenge by investor Dan Loeb’s hedge fund Third Point.

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October 4, 2013

Matisse cut-outs going on show in London

Visitors look at the art work  "Nu bleu IV" by French artist Henri Matisse at the Matisse Museum on June 20, 2013 in Nice, southeastern France

The biggest exhibition of Matisse’s paper cut-outs — a technique the French artist invented in his final years — is going on show in London, the Tate Modern gallery announced Friday.

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October 4, 2013

Warhol paintings up for sale in New York could fetch $120 mn

"Self-Portrait" by Andy Warhol on display in New York, January 24, 2011

Two masterpieces by US artist Andy Warhol go under the hammer in New York next month, with the highlights of the auction season expected to fetch up to $120 million.

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