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The offer price from Patrick Drahi represents a premium of 61% to Sotheby’s closing price on June 14 and a 56.3% premium to the company’s 30-day average share price.

The 55-year-old media and telecoms entrepreneur and enthusiastic art collector Patrick Drahi has made an offer to buy Sotheby's via his BidFair USA company in a $3.7bn deal.

Art and antiques news from the previous seven days, including Dr Bendor Grosvenor curating an exhibition of three of the first British female artists.

After 44 years working as an auction house specialist, John Sandon has chosen to retire from his post as international director of glass and British ceramics at Bonhams.

A portrait of rare books dealer Tim Bryars of Bryars & Bryars features in the Royal Society of Portrait Painters’ Annual Exhibition.

Retired art dealer Patrick Payne, formerly of Arden Gallery, Henley-in-Arden, and later of Shipston-on-Stour, Warwickshire, has died at his daughter’s home in London aged 86.

In today’s world when employment fluidity is the norm, it is rare to find someone who had been in the same job and place all their working life. But when he hung up his hat last week from his role as international director of glass and British ceramics at Bonhams, John Sandon had clocked up almost 44 years, man and boy, in the same saddle.

Book dealer Roger Treglown is the new president of the Antiquarian Booksellers Association.