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Cohen's Warhol `Mao' Portrait Fetches $47.5 Million at Sotheby's

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Andy Warhol’s portrait of former Chinese leader Mao Zedong, sold by billionaire money manager Steven A. Cohen, fetched $47.5 million in New York. Warhol’s 1972 “Mao” was offered at Sotheby’s evening sale of contemporary art on Wednesday, which is continuing.  It had been estimated at more than $40 million, or…

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