<div>UPDATE 4-Sotheby's snapped up by French tycoon Drahi for $3.7 bln</div> <!-- no image --> <div>* Sotheby's was founded in London in 1744 (Recasts story, adds background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=sfpsHoAyxA4:YZ7iTZtWDkU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=sfpsHoAyxA4:YZ7iTZtWDkU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=sfpsHoAyxA4:YZ7iTZtWDkU:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=sfpsHoAyxA4:YZ7iTZtWDkU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=sfpsHoAyxA4:YZ7iTZtWDkU:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/sfpsHoAyxA4" height="1" width="1" alt=""></div> Posted by Reuters