Report: Sotheby's Could Get Other Offers

Sotheby’s BID could get offers from other rival investors, according to the New York Post.

Patrick Drahi's BidFair earlier this week reached an agreement to acquire Sotheby's for $3.7 billion, but it seems the bidding war is not over yet.

According to the New York Post, “deep-pocketed art aficionados” are forming to put together a superior bid for Sotheby’s. The Post said a number of insiders speculate prolific art collectors on Wall Street such as Ken Griffin, Steve Cohen and Stephen Schwarzman could be involved.

Sotheby’s shares were trading higher by 1.8% at $57.56 on Friday afternoon.

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Photo credit: Sothebys1744, Wikimedia