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auction house

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Merging Auction Houses
This paper studies the incentives for market concentration of online and traditional auction houses. Would sellers and buyers be better off if two separate auction houses merged? It is supposed that each auction house has a separate clientele of sellers and buyers. Sellers value their identical units at 0, while...
Tags: Buyer, Auction House, Mergers & Acquisitions, Operational Accounting, Investment, Finance
White papers 2003-02-21

Additional Resources

Bid for the top; Auction houses; Phillips, the rising auction house.(Britain)(Disaster at Sotheby's and Christie's is excellent news for Phillips. The laggard in the auction business now looks like a contender for the world's top spot)(Brief Article)(Indu
IN 1796, Harry Phillips, the brightest pupil of James Christie, London's top auctioneer, left his mentor to set up his own auction house. He was a wild success from the start. In 1798 he sold 25 paintings from the estate of Queen Marie Antoinette; in IN...
Research articles 2001-03-03
Auction house bids adieu Owners plan to relocate 8 miles to west, but it's still hard to say goodbye to Randall Road site.(News)
Byline: Lisa Balde Daily Herald Staff Writer ***** CORRECTION/date 12-07-2004: The wrong location was given for Marcy Rath & K's Auction Services in Monday's edition of the Daily Herald. The auction house is on Route 20 and is now closed. ...
Tags: Randall
Research articles 2004-12-06
Sotheby's riding art market to riches; Auction house gets big lift as owner bids adieu; putting shadow behind it.(In the Markets)
Byline: Tom Fredrickson Sotheby's holdings inc., owner of the famed auction house, isn't just for a few wealthy connoisseurs of fine art. For investors looking to bid on a relative bargain, its shares have long held appeal. That allure strength ...
Research articles 2005-09-12
Michigan-Based Auction House Sotheby's Stock Plunges.(Knight Ridder/Tribune Business News)
Feb. 23--Sotheby's Holdings Inc.'s stock fell 12 percent to a 52-week low of $15.62 per share Tuesday upon news that the auction house's chairman, mall magnate A. Alfred Taubman, resigned Monday. Feb. 23--Sotheby's Holdings Inc.'s stock fell 12 percent to a 52-week low of...
Tags: stock
Research articles 2000-02-22
Greg Manning Auctions to Acquire Philatelic Auction House of H.R. Harmer; H.R. Harmer's May Auctions Set Company Record of Almost $10 Million
Business Editors WEST CALDWELL, N.J.--BUSINESS WIRE--June 14, 2004 Auction House Was Seller of President Franklin D. Roosevelt Stamp Collection Greg Manning Auctions, Inc. (Nasdaq:GMAI) announced today that it has signed a letter agreement to acquire certain business assets of H.R. Harmer LLC, a top philatelic auction...
Tags: Greg Manning Auctions
Research articles 2004-06-14
Clicks-and-mortar -- GoIndustry fuses online and offline worlds; GoIndustry acquires bricks-and-mortar auction house Karner & Co. AG.
M2 PRESSWIRE-16 October 2000-GOINDUSTRY.COM: Clicks-and-mortar -- GoIndustry fuses online and offline worlds; GoIndustry acquires bricks-and-mortar auction house Karner & Co. AG C1994-2000 M2 COMMUNICATIONS LTD RDATE:16102000 London -- GoIndustry, the international, business-to-business (B2B), e-commerce platform for used and surplus industrial...
Tags: GoIndustry AG
Research articles 2000-10-16
eBay Buys Butterfield & Butterfield Auction House
eBay Inc the web-based person-to-person auction company came of age yesterday when it acquired Butterfield & Butterfield Auctioneers Corp, a traditional auction house specializing in fine art and collectibles, for about $260m in eBay stock. Butterfield has scrapped its own plans to go public as a...
Tags: auction, Butterfield & Butterfield, eBay Inc., FINANCE, Investment, SALES
Research articles 1999-04-27
London-based auction house Sotheby's wins lawsuit against three Hong
London-based auction house Sotheby's has won a lawsuit against three Hong Kong companies that allegedly copied its trademark, and plans to sue a related group of Chinese copycats, its Asian regional chief executive said Wednesday. Sotheby's is just one of many foreign companies struggling with Chinese trademark issues. A series...
Tags: company
Research articles 2007-05-24
Independence is road to profit for Adesa auto auction house of Carmel, Ind.
By Bruce C. Smith, The Indianapolis Star Knight Ridder/Tribune Business News Aug. 18--Carmel-based Adesa Inc. has grown to be a pretty big wheel in the North American auto industry. In 15 years, the company has become the second-largest automobile auction house in...
Tags: ADESA Inc.
Research articles 2004-08-18
Clicks-and-Mortar: GoIndustry fuses online and offline worlds GoIndustry acquires bricks-and-mortar auction house Karner & Co. AG.
LONDON, UK, Oct 16, 2000 GoIndustry, the international, business-to- business (B2B), e-commerce platform for used and surplus industrial equipment announced today the acquisition of the bricks-and-mortar auction house Karner & Co. AG. This strategic move will increase the online and offline trading skills...
Tags: GoIndustry AG
Research articles 2000-10-16
Steve McQueen's Ferrari fetches 2.3 million dollars at auction
LOS ANGELES AFP — A Ferrari once owned and raced by "King of Cool" Steve McQueen has sold at auction in California for just over 2.3 million dollars, auction house Christie's said Friday. The 1963 Ferrari 250 GT/L Berlinetta Lusso went for far more than its estimate of between...
Tags: auction, car, Ferrari
Research articles 2007-08-17
Titanic's last first class menu sells at auction for 88,500 dollars
NEW YORK AFP ? A menu from the final first class dinner aboard the Titanic before the famed ocean liner hit an iceberg and sank in the north Atlantic on the night of April 14 1912 has sold for 88,500 dollars, Guernsey's auction house said. The final menu, one...
Tags: Agence France-Presse, auction
Research articles 2004-06-11
Cher to auction home furnishings
LOS ANGELES AFP — Superstar singer and actress Cher said she would auction some 700 pieces of art and furniture from her Italian Renaissance-style home as she renews her lifestyle. Cher said in a statement released by the Sotheby's auction house that the 60-year-old celebrity was entering a new...
Tags: Agence France-Presse, auction, CAREER, Sotheby's
Research articles 2006-08-01
Saint Laurent's Perfect Beach House
In case you're in the market (*wink*), it's known as Villa Mabrouka -- House of Luck -- with five bedrooms, staff quarters, and a pool house. This is the former estate of the late designer Yves Saint Laurent, located in Tangier, Morocco, and it's now for sale, according to...
Tags: Garden, Saint Laurent, Real Estate, Business Operations, Alison Rogers
Blog posts 2009-08-19
LiveBid.com, International Auctioneers Present First, Four-Country, Live Online Auction of Fine Art
SEATTLE--BUSINESS WIRE--April 19, 1999-- LiveBid.com, the Internet's sole provider of live event-based auctions, has teamed with Butterfield & Butterfield and International Auctioneers IA, a global auction house partnership, to bring the first live auction of fine art to the world via the Internet. The "Art on Paper" auction...
Tags: auction, Butterfield & Butterfield, INTERNET, LiveBid
Research articles 1999-04-19
Wealthy Chinese drink to their success at Hong Kong wine auction
Hong Kong has overtaken London and New York as Sotheby's largest wine market after the auction house this weekend sold $7.9m of rare vintage to deep-pocketed Asian collectors. One mainland Chinese connoisseur splashed out an eye-popping $93,077 (€63,563, £58,436) for a bottle of 1982 Chateau Petrus Imperial, in another example...
Tags: Wine, Sotheby's
News items 2009-10-05
New record for Chinese painting set at auction
BEIJING AFP — A work by 16th-century artist Qiu Ying was sold at auction in Beijing for 79.52 million yuan (10.7 million dollars), setting a world record for a Chinese painting, the auction house said Wednesday. China Guardian Auctions said the sale of "Red Cliff Handscroll" to an unnamed...
Tags: Agence France-Presse, auction, Beijing
Research articles 2007-11-06
Online Retailer ONSALE Exceeds $4M Per Month in Sales; Expands to Three Auction Per Week
MOUNTAIN VIEW, Calif.--BUSINESS WIRE--Nov. 5, 1996--ONSALE, a real-time interactive auction house on the World Wide Web, recently surpassed $1,000,000 in weekly sales, confirming its dominant position as the largest electronic retailer of refurbished PC products on the internet. Due to the continuing growth in consumer demand, the company will...
Tags: auction, sales
Research articles 1996-11-05
Internet Retailer ONSALE Discloses Impressive Corporate Statistics: Completes 20,000th Electronic Auction; Logs 110,000th Winning Bid
MOUNTAIN VIEW, Calif.--BUSINESS WIRE--Nov. 26, 1996--ONSALE, a real-time interactive auction house on the World Wide Web, recently completed its 20,000th electronic auction and processed its 110,000th winning bid, raising the total estimated number of products shipped to-date to more than 150,000.
Tags: Internet
Research articles 1996-11-26
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