Redline Bid High for Artnet Shares in Takeover Bid – artmarketblog.com The artnet takeover saga continues with Luxembourg-based asset management company Redline Capital Management S. A. announcing that they will offer shareholders of the online transaction platform for the art market EUR 6.40 cash per share. Representing an attractive premium of more than 31 pct [...]
Artnet Dodge Hostile Takeover Bid – artmarketblog.com Following their controversial decision to ditch their online magazine, artnet have again hit the headlines after dodging a hostile takover bid from Luxembourg based Redline Management S.A. “The company is on a good path. We do not need investors who are solely interested in raising their profile and [...]
The Future of Online Art Sales: Q&A With Artnet Director Hans Neuendorf – artmarketblog.com The number of websites that facilitate the online sale and purchase of fine art has increased significantly over the last few years as collectors and investors become more confident in the ability of online art sales portals to provide a sufficiently [...]
