— that it will buy troubled auction house Sotheby’s for $1.6 billion. – Wired
- Previously: EBAY TO BUY SOTHEBY’S? Five-year-old eBay is reported to be interested in buying the troubled 256-year-old auction house. Valued by the stock market, eBay is worth nearly $20 billion, 16 times Friday’s closing price for Sotheby’s. – The Independent (UK)