When specialty sporting goods retailer Gander Mountain recently went bankrupt, the future of the company’s physical locations was in doubt. Now comes a report that there may be a buyer for Gander Mountain that could keep some of the chain’s stores open. [More]
auction
Bottles Of McDonald’s Big Mac Special Sauce Already On eBay
By 1.27.17
When McDonald’s decided to give away bottles of its Big Mac Special Sauce, you could already picture these containers of yellow-ish condiment ending up for sale on the secondary sauce market. So it comes as little surprise that folks are selling their Special Sauce on eBay. [More]
Fox & Hound, Champps Locations Closing After Owner Files For Bankruptcy
By 8.31.16
If you were planning on watching upcoming NCAA or NFL games at a Fox & Hound or Champps sport bar, you should call first. Dozens of locations for the bar/restaurant chains are shuttering only weeks after their parent company filed for bankruptcy protection. [More]
Report: Verizon Close To Finalizing $5B Deal To Buy Yahoo
By 7.22.16
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]
Sports Authority Auction Draws No Bidders For Mile High Stadium Naming Rights
By 7.5.16
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]
Verizon, AT&T Poised To Battle It Out For Yahoo
By 6.13.16
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]
Verizon Sets Stage To Purchase Second ’90s Internet Relic; Reportedly Bids $3B For Yahoo
By 6.7.16
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]
Report: Sports Authority’s Last Hope To Keep Its Name Alive Backing Away From Deal
By 5.10.16
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]
Yahoo Extends Auction For Its Core Internet Business Another Week
By 4.8.16
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] [More]
Starboard Once Again Throwing Around Its Weight, Starts Fight To Oust Yahoo Board
By 3.24.16
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
By 1.6.16
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
By 5.27.14
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
By 4.15.14
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
By 3.16.09
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
By 2.6.08
Analysts are saying that Google is probably out of the running for the “C Block” of wireless spectrum that it had been bidding on.
By 10.24.07
../..//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]
By 10.11.07
../..//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?
By 3.22.07
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.
