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Bidfair USA buys Sotheby's for $57 per share

9:32 AM ET Mon, 17 June 2019

Sotheby's auction house announced Monday that it has signed an agreement to be acquired by BidFair USA, a venture owned wholly by media and telecom entrepreneur Patrick Drahi. CNBC's "Squawk on the Street" discusses.

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Bidfair USA buys Sotheby's for $57 per share

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