The News Review:
- United Country Auction Services Teams with Colliers International …
- Foundry completes sale of auction rate securities
- Free broadband access is a right not a privilege
- Quest Software Announces Final Results of Modified Dutch Auction …
- Indonesia c.bank says 1-month SBI rate at 10.98 pct
United Country Auction Services Teams with Colliers International …
MarketWatch
(United Country) and Colliers International (Colliers) announced today a strategic alliance to provide accelerated commercial real estate transaction services to their respective commercial real estate clients. Accelerated marketing of commercial real estate involves setting a specific date for the sale of an asset and completing a saturation marketing effort to promote the asset for sale at the predetermined date. Accelerated marketing events are generally completed through the auction or sealed bid process. “It’s likely that a large number of commercial assets nationwide will need to be sold in the next 12 months and auctions are an ideal solution when seller requirements dictate” said Patrick Duffy chairman of Colliers’ National Retail Group. “The auction event is an excellent vehicle to expose an asset for sale to motivated and capable buyers establish urgency through the date-certain aspect of the process and obtain the best most transparent price for the seller through a competitive bidding process. We believe combining the resources of our two organizations creates a unique opportunity for clients to realize current market value in a predictable time frame so they can clean out their balance sheets adjust their commercial real estate portfolios and turn their attention back to their core business. While auctions have been utilized regularly for unique luxury properties farm and ranch land fine art and collector automobiles their use in commercial real estate transactions waned following the Resolution Trust Corporation (RTC) disposition market of the late 1980s and early 1990s.
Foundry completes sale of auction rate securities
CNNMoney.com
said Tuesday it has completed the sale of its portfolio of auction rate securities netting proceeds of an estimated $38. Foundry is holding a special shareholder meeting to vote on a buyout bid by Brocade Communication Systems Inc.
Free broadband access is a right not a privilege
InfoWorld CA
Should it go through the auction would require the winner to roll out a free broadband service in a reasonable amount of time and over an area that includes more than just the major cities. [ For more on AWS-3 see “.
Quest Software Announces Final Results of Modified Dutch Auction …
MarketWatch
New York City Time on Tuesday December 9 2008. Quest has accepted for purchase 11440000 shares in the tender offer at a price of $12. 50 per share for a total cost of $143000000 excluding fees and expenses related to the tender offer.
Related from Softwaremonster: Quest Software Announces Final Results of Modified Dutch Auction …
Indonesia c.bank says 1-month SBI rate at 10.98 pct
Forbes NY
98 percent in an auction on Wednesday compared to 10. 97863 percent in the previous auction. com:%20Indonesia%20c.