Word: bidder
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...Widener estate is being sold to the highest bidder next month—but students and professors don’t have to worry about finding a new place to study and research. The family’s 7.5-acre former mansion in Newport, R.I.—not Harvard’s flagship library—is being sold at auction by its current owner and is expected to fetch an eight-figure sum that may approach $25 million. Both the beach front villa and Widener Library were completed in 1915 and were designed by architect Horace Trumbauer...
...serving a jail sentence in Siberia. The Kremlin broke up his oil company, Yukos, in 2004 with a combination of criminal fraud charges against executives and massive back-tax claims that far exceeded the firm's revenue. Yukos' main oil-production unit was auctioned off to a single low bidder that turned out to be a front company for Rosneft. Those confiscated Yukos assets now constitute about 70% of Rosneft's oil production and reserves. The company's initial public offering (ipo) prospectus lists more than $47 billion in outstanding legal claims relating to the Yukos affair, and Khodorkovsky...
...seniors seized on their opportunity to increase awareness about what Johnson, who is a former publisher of Fifteen Minutes, calls “basically an inside joke.” But in an e-mail to FM, winning bidder Andrew M. Mugica ’06 refers to the “joke” more bluntly, as “Evan’s futile, elbowy brand of lovemaking...
...would have taken two years to rebuild. We took bids on not just the price but also a finish date. We offered incentives: a bonus of $200,000 for every day they were early and a penalty of $200,000 for every day they were late. The low bidder put crews on 24/7, on three shifts, and we were able to reopen I-10 in less than three months...
...have difficulty because of the limited infrastructure and public services. While Krall's improvements have helped, Robyn Samuelson, who was born and raised there, notes, "It's in the middle of nowhere and the nearest city is 45 minutes away." And one more note of caution for any potential bidder: even Samuelson is planning to move soon...