Morton Fox

Report: Verizon Close To Finalizing $5B Deal To Buy Yahoo

Following three rounds of bidding from suitors across the board, Yahoo is reportedly ready to crown a victor in the auction of its core internet business. And rumor has it the winner is Verizon.  [More]

Heath Alseike

Sports Authority Auction Draws No Bidders For Mile High Stadium Naming Rights

Dick’s Sporting Goods may have scooped up the Sports Authority name and 31 stores in the auction of the latter retailer’s assets last week, but it appears no one was interested in the naming rights to reigning Super Bowl champions Denver Broncos’ home stadium.  [More]

Morton Fox

Verizon, AT&T Poised To Battle It Out For Yahoo

Earlier this month, Verizon — fresh off its acquisition of AOL — tried to cement its reputation as a collector of ’90s web relics with a reported $3 billion bid for Yahoo’s core internet business. Now it looks like Big Red has competition from AT&T. [More]

Morton Fox

Verizon Sets Stage To Purchase Second ’90s Internet Relic; Reportedly Bids $3B For Yahoo

A second round of bids for Yahoo’s core internet business — including search, mail, and news sites — is officially underway, and Verizon is reportedly coming in hot, offering $3 billion for the assets.  [More]

cmorran123

Report: Sports Authority’s Last Hope To Keep Its Name Alive Backing Away From Deal

With fewer than 24 hours to go before Sports Authority’s self-imposed deadline for other companies to bid on its assets and store leases, the only competitor that seemed interested in bidding is reportedly now backing away from the deal.
[More]

Morton Fox

Companies looking to get a piece of Yahoo’s core internet business — including search, mail, and news sites — have another week to place their bids, as the company extended the deadline for the auction to April 18. Pushing back the deadline means that Yahoo could have a deal in place by June or July. The auction was initiated in February when Yahoo ditched plans to spin off its stake in Alibaba. [Re/Code]

Morton Fox

Starboard Once Again Throwing Around Its Weight, Starts Fight To Oust Yahoo Board

Activist investors at Starboard Value are once again looking to shake things up at a major company. After essentially forcing the now-contested Staples-Office Depot merger, questioning the number of breadsticks handed out at Olive Garden and ousting the entire Darden Restaurant Inc. board, the investor group has launched a fight to remove the entire board of Yahoo.  [More]

Airlines Testing Auctions For Seat Upgrades At Gates

Airlines Testing Auctions For Seat Upgrades At Gates

Until recently, the only thing that auctions and airlines had in common were crowds of on-edge people in confined spaces. Some carriers are testing out the idea of turning their airport gates into auction houses, selling off premium seat upgrades to the highest bidders. [More]

Treasure Trove Of Previously Buried Gold Coins Hit The Auction Block Tonight

Treasure Trove Of Previously Buried Gold Coins Hit The Auction Block Tonight

Have a million dollars to spare? Then you might be able to get your hands on a coin from the mysterious $10 million buried treasure unearthed in California last year. [More]

Detroit Selling Foreclosed Homes For $1,000 In City’s Latest Attempt To Rebuild

Detroit Selling Foreclosed Homes For $1,000 In City’s Latest Attempt To Rebuild

Neighborhoods in Detroit are in for some extreme, and much needed, renovations. In an effort to rehabilitate neighborhoods and get occupants into previously foreclosed properties, the city is auctioning off properties for as little as $1,000 starting next month. [More]

Homeowners Association Will Foreclose On Your House If You Don't Pay $267.58

Homeowners Association Will Foreclose On Your House If You Don't Pay $267.58

Be careful what you sign when you buy that new home — because you might be agreeing to allow the home owners association foreclose on and auction off your house if you don’t pay your dues.

Google Thought To Be Out Of The Running In The Wireless Spectrum Auction

Google Thought To Be Out Of The Running In The Wireless Spectrum Auction

Analysts are saying that Google is probably out of the running for the “C Block” of wireless spectrum that it had been bidding on.

https://consumerist.com/2007/10/24/microsoft-has-said-it-will/

Microsoft has said it will not participate in the upcoming wireless spectrum auction, because it wouldn’t help their business model, which is to create and sell software to handset makers. [Reuters]

https://consumerist.com/2007/10/11/fcc-has-rejected-verizons-requested/

FCC has rejected Verizon’s requested changes of the new open-platform wireless auction, set for January 2008. Google has pledged to buy some of the available wireless bandwidth in order to launch an open-source Google phone to compete with the carriers. [Reuters]

Anybody Wanna Buy An Enron CEO's Desk?

Anybody Wanna Buy An Enron CEO's Desk?

Lay and Skilling, who also served as CEO, were convicted in May 2006 for their role in the accounting fraud that led to the collapse of Enron in 2001. The bankruptcy erased billions in investors’ money and wiped out the pensions of thousands of Enron employees.

The $3.65 Million Satanic Phone Number

The $3.65 Million Satanic Phone Number

I have a great phone number, one of those numbers that’s so easy to remember that everyone thinks it is fake. I’ll give it to girls at clubs; their faces go blood red with rage and they scream, “If you didn’t want to give me your number, just say so!” right before tossing their drink in my face. Everyone’s envious — my mobile carrier always compliments me on it whenever I talk to them.

BiddingForTravel.com

BiddingForTravel.com

One of the problems with travel bidding sites such as Priceline and Hotwire is that you’re betting blind. The house has all the stats, has already determined what they’re going to pay and it’s up to you to guess what might work.