Telecom mogul Patrick Drahi is paying $3.7 billion for the auction house.
News & Analysis: Sotheby's
Acquisitions made headlines, with Pfizer buying Array BioPharma and a private investor picking up Sotheby's.
Wall Street was in an optimistic mood on Monday morning.
The company, which has had a difficult run recently as a public entity, has a deal in place to go private.
The auction business isn't what it was a couple of years ago.
BID earnings call for the period ending March 31, 2019.
BID earnings call for the period ending December 31, 2018.
BID earnings call for the period ending September 30, 2018.
Results from a well-known auction house reveal a couple of key trends.
Find out which of these companies sees trouble ahead.