The making of a merger

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

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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.