We saw a south Arkansas timber sale Feb. 3 that had 17 bidders, which is an indicator of very strong demand and very high pricing. Buyers are buying for next year on an 18-month cutting contract, so they have all next winter to cut.
Quotes about bidders (16 Quotes)
I was worried that the other bidders weren't going to give back because they're from outside the area and I wanted it to be a community deal.
When the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people.
The winning bidders should make shipments through sea, rail or land routes within 15 days of the opening of LC (letter of credit).
Depending on competition from other bidders, you can generally buy properties at public auctions for 25 to 35 percent below market value.
I would have to believe at this point that bidders who are serious players, to the extent they've already done their due diligence, this is not a surprise. What it could do is tip the balance more to the buyer, give them a little more leverage on the price.
We have had some discussions with staff at the Justice Department regarding eBay and the online trading business generally. We believe the contact with DOJ may have been prompted by auction listing aggregators, such as Bidder's Edge...our dispute with Bidder's Edge fundamentally is a commercial one that concerns eBay's right to prevent unauthorized trespassing into its computer system, can use eBay content in a manner which confuses and misleads eBay users.
The foreign bidders are obviously looking for a chance to control the company's operations and have a major representation on the board.
We plan to finalize award of blocks to successful bidders by Nov. 15 and sign production sharing contracts with them by Jan. 15 next year.
The 20 bid was a little bit of a surprise. It reflects a high level of conviction in synergies and sends a pre-emptive signal to other bidders.
We intend to go ahead and honor the labor contract going forward until the assets are sold. The active bidders at this point --- two I know of --- both intend to go forward with the union. This is not in any way intended to abrogate the union contract and get away from that at all.
Due to improvements in our overall technology platform, including specific enhancement such as the manufacturer's sticker imaging, the impact of international bidders on our business has been significant and will likely continue to grow.
If, indeed, Wachovia did pull out, that would certainly cause some people concern. It reduces the number of potential bidders and people assume that reduces the likelihood of a deal.
If these are serious bidders, there's going to be some action.
We reiterate that they are welcome to participate on the same terms as other interested bidders, should they have a legitimate interest in pursuing an acquisition of the entire company.
Circuit City's profits have struggled over the last couple of years and it's uncertain when it can recover, ... There aren't any major bidders for the company yet but any buyer for it will have some real challenges on their hands.