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If a painting fails to reach the reserve, or minimum bid price, a guarantee can cost the auction house dearly.
Christopher Reuning, the rare-instrument dealer in Boston who handled the sale, said on Saturday that the cello had been sold last week for "a fair bit above" the minimum bid price, which was slightly over $6 million.
The company's common stock closed below the minimum bid price of $1 for 30 consecutive days and was out of compliance with a requirement for listing, Nasdaq officials said.
If Switzerland is now forced to sell the licenses for the minimum bid price it will earn no more than $113 million -- a paltry sum in comparison with the trail-blazing auctions earlier this year for these so-called third-generation licenses that earned $35.5 billion for the British Treasury and $46 billion for the German authorities.
Another factor: Facebook increased the minimum bid price for an ad, "to reduce the frequency with which low quality ads are displayed to users".
Realizing the worst fears of FCC Commissioner Jessica Rosenworcel, the H Block auction became not an auction but rather a retail sale, with Dish winning all 176 local lots for the minimum bid price of just over $1.5 billion.
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Finally, and perhaps the most controversial, Google announced that it will replace "minimum bid" prices with "first page bid estimates," which will probably see rates go up.
It set minimum bid prices of $9 million for the resident and $5.7 million for the garden.
Minimum bid prices range from $64,000 for a one-bedroom unit facing a supermarket instead of the beach, to $262,000 for a two-bedroom penthouse with a den and two fireplaces.
Ruhrgas offered to pay $660 million, almost $9 million above the Government's minimum bidding price of $651 million, Interfax said, citing figures provided by the vendor, the Federal Property Fund.
The stock hasn't traded above the minimum $1 bid price since November and is being threatened with a delisting.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com