Sotheby's Considers an IPO Two Years After It Went Private

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When French billionaire Patrick Drahi bought Sotheby's and took the world's second largest auction house off public markets in 2019, the art world was shocked like the figure in Edvard Munch's The Scream.

On Wednesday, it was revealed that Drahi is already contemplating whether Sotheby's should go public again. A post-pandemic boom in art sales that has him looking like the guy counting his cash in the Louvre probably doesn't hurt his thinking.

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Source Fool.com