The making of a merger

Co-owner of largest Sotheby's franchise shares art of the deal

Equitable Sotheby’s International Realty in Scottsdale, Ariz., has merged with Russ Lyon Real Estate Co. in Scottsdale to form the largest franchise in the Sotheby’s network.

The franchise network, a part of Realogy Corp., has about 9,500 sales associates in about 485 offices in the United States and 32 other countries and territories.