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This person said that Alpha had won a competitive auction for Massey, which disclosed in November that it was considering selling itself after receiving potential takeover offers.
The competitive auction for Rio Light was being heralded as a test of the entire Brazilian privatization program, which had been under criticism in the domestic and international press for its slow pace and lack of results.
Consider the case where some user constantly outbids a user by $.0001 every hour in a competitive auction for resources.
Such BOT contracts can be awarded either through direct negotiations between the transit authority and an interested firm or through a competitive auction for the franchise of a well-defined project.
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Fourtou will probably be less candid with the public so as not to hinder his efforts to generate competitive auctions for Vivendi properties when most everyone knows the company is desperate to raise money.
Of late, private-equity investors have entered the fray as purchasers of nuclear power and the most recent competitive auction prices for nuclear plants have been setting records.
In some cases they may find that TRAs make IPOs preferable to M&A deals if, for example, there are too few bidders for a competitive auction, or if the firm being sold would benefit from independence.
The deal for Life Technologies was finalized over the weekend, after a competitive auction, a person with knowledge of the matter said.
As for Parsons, what's wrong with selling via a competitive auction if the sale price is greater the purchase price three years ago?
In a competitive auction, a jump in an unbid suit announces length in that suit and support for partner's suit.
If anyone doubted a government pledge to pay big money for the rights to remedies, the patent's value could be established by a competitive auction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com