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The initial bidding matters.
Granted, there was a staggering initial bidding price of $78.7 million.
The new round will be limited to the eight issues where government auditors found problems with the initial bidding.
Even though Ford had been one step ahead in the initial bidding phase, Young was able to pass the final victory to GM.
The factorial design used a combination of reserve price, reserve disclosure, and initial bidding as treatments to impact two behavioral outcome variables: final price sold and auction interest.
The bidding take place in two stages -- the results of the initial bidding should be announced at 11am GMT, with a second round taking places between 1 30pm-2 00pm 1 30pm-2 00pm
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It initial bid had been 47.2%.
Apollo's initial bid was announced on March 13.
21, the day before Shell's initial bid was announced.
It is also 21 percent higher than Energy Transfer's initial bid.
The process allows buyers and sellers to modify their initial bids, including the technological constraints.
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