Content about Auction

September 24, 2012

Landmark NYC gourmet market to be auctioned

IPG Real Estate said that Amish Market, a landmark Manhattan gourmet market located in the Midtown neighborhood of TriBeCa, is being offered for sale in hopes of an offer prior to an auction slated for November 2012.

July 18, 2011

Borders closer to liquidation as no bidders come forward

Borders Group inched closer to liquidation after a 5 p.m. Sunday deadline passed and no bidders emerged to keep the bankrupt chain in business.

July 14, 2011

Borders moves closer to liquidation as bankruptcy court judge okays Borders auction

Borders Group moved closer to liquidation after a judge on Thursday approved its motion to auction itself off with an offer from liquidators as its opening bid.

July 1, 2011

Borders to sell itself to private investment firm for $215 million

Borders Group announced Thursday that it has agreed to sell itself to Najafi Cos. for $215 million.

June 20, 2011

Borders hopes to name bidder by July 1

Borders Group hopes to name a bidder by July 1 and sell itself by the end of that month, according to bankruptcy court filings, the Associated Press reported.

April 6, 2011

Dish Network wins auction, acquiring Blockbuster for $228 million

Satellite TV company Dish Network Corp. said Wednesday that it won the auction for Blockbuster with a bid valued at $228 million in cash.

April 5, 2011

Blockbuster auction to continue into second day

Blockbuster's bankruptcy auction is set to stretch into a second day on Tuesday after preliminary talks between bidders and the chain's representatives dragged on late into Monday, a company spokesman said.

April 1, 2011

Report: New bidders emerge for Blockbuster

Several bidders, including Dish Network Corp. and billionaire investor Carl Icahn, are ready to battle for Blockbuster at a bankruptcy auction in New York on Monday, the Associated Press reported.

March 11, 2011

Blockbuster cleared for sale process, will avoid liquidation

A Manhattan bankruptcy judge on Thursday has cleared the path for Blockbuster to sell itself to a group of hedge funds, preventing the movie rental chain from having to liquidate its assets.

February 25, 2011

Report: Delia’s is on auction block

A Thursday report by the New York Times said that teen retailer Delia’s has put itself up for sale.

February 22, 2011

Blockbuster agrees to sale for $290 million, seeks more bidders

Blockbuster said on Monday that it reached a $290 million deal to be bought out of bankruptcy by a group of investors.

December 30, 2010

Report: BJ’s Wholesale may face hostile bid from Leonard Green & Partners

BJ’s Wholesale Club is in the sights of private equity firm Leonard Green & Partners, which may pursue a hostile bid for the chain, according to The New York Post.

August 31, 2010

Tesco bids for Carrefour Asia assets

The world’s third-largest grocer was one of more than 10 bidders to try to acquire...

July 13, 2010

Hilco Real Estate announces auction of seven bank-owned properties

Hilco Real Estate announced that it will sell six land parcels, located in California, Louisiana...

May 31, 2010

Report: Private-equity firms bidding for RadioShack

Several large private-equity firms have submitted bids to acquire electronics retailer RadioShack, and competitor Best...

January 4, 2009

Shoppers Visit Online Auction Sites in Post-Holiday Season

Millions of bargain shoppers are turning to online auction sites to save money after the...