Sotheby's (BID) - Get Report biggest shareholder might put his shares on the auction block. The Wall Street Journal reported this morning that former chairman A. Alfred Taubman, who just sounds like the kind of guy who'd own a chunk of an auction house, might be selling all or part of his 13.2 million share stake, valued at $309 million.

This announcement

comes on the heels of Sotheby's and privately held Christie's recent half-billion dollar settlement with the Federal government on charges of price fixing.

TST Recommends