Ebay wins Craigslist share-dilution lawsuit
Last Updated on Friday, 10 September 2010 08:40 Written by External Post Friday, 10 September 2010 08:40
Ebay has won a lawsuit against online classified ad site Craigslist, restoring the auction group’s near 25% stake in the company. The Delaware Court of Chancery gave back to Ebay the 3.55% lost when Craigslist diluted its stake to 24.85%, according to
Go to Source
National Auction Group to sell Maxwell Plantation
Last Updated on Sunday, 25 July 2010 11:20 Written by a2e Sunday, 25 July 2010 11:20
Maxwell Plantation, a 2,463 +/- acre historic paradise located just minutes from downtown Tuscaloosa and the University of Alabama campus, will be sold at an auction on Thursday, July 29th. The event will be conducted by The National Auction Group (www.nationalauctiongroup.com) of Gadsden, Alabama, an elite team of highly-trained specialists in the marketing of one-of-a-kind, high-end properties.
Established in 1852 by James Robert Maxwell, the plantation has a rich history of farming, cattle operation and river commerce. Now operating as an income producing cattle operation, the property has over four miles of frontage on the Black Warrior River, two trophy bass lakes and more than 8.5 miles of clear flowing creeks. Boat houses, piers, and utilities at each body of water make the outdoor experience that much more enjoyable.
The focal point of the plantation is the large home called Honeysuckle Hill which includes six bedrooms and six baths and is situated directly on the river. The home features hardwood floors, three fireplaces, a four-car garage and a swimming pool and spa. Other residences include a river front lodge and two farm manager’s homes near the entrance to the property. There is also a shop and equipment shed with plantation offices, numerous barns and a 3,000 foot grass landing strip with a hangar.
“This is truly a gorgeous and historic plantation in a terrific location,” said William Bone, President of The National Auction Group. “With its great location so close to the Bryant Denny Stadium, it is an ideal permanent residence or second home or weekend getaway.”
The plantation will be available for viewing daily, by appointment, from 10:00 a.m. to 6:00 p.m. To schedule an appointment, please call 1-800-473-2292 or 256-547-3434. Closing will be within 30 days. The auction will take place at the property.
The National Auction Group (www.nationalauctiongroup.com), Inc. is the country’s largest seller of private, one-of-a-kind real estate properties such as estates, ranches, farms, commercial properties and recreational facilities.
Read The Rest Of This...Auction Payment Network Announces Specialized Payment Processing Solutions
Last Updated on Tuesday, 13 July 2010 04:00 Written by a2e Tuesday, 13 July 2010 04:00
Auction Payment Network (APN), a Proxibid company, announced the industry’s first payment processing solution developed specifically for auction companies. APN will provide auction companies with a PCI-compliant solution that ensures secure, one-click processing for on-site and online purchases at the lowest rates in the industry.
APN was created with the assistance of auctioneers and places the business needs of auction companies at the forefront of its solution. With remote deposit capture, single and recurring ACH transactions, card payments and ID validation services on a single platform, APN can meet the needs of auction companies of all sizes. Additionally, APN is compatible with most merchant processors, making it easier than ever for auctioneers from across the globe to take advantage of this powerful payment processing solution.
“APN will transform the way I reconcile and invoice auctions moving forward,” said auctioneer Darron Meares of Meares Auction Group. “With one-click processing, closing auctions will be easier than ever, and because the solution is PCI compliant, my bidders can feel even more secure with their online transactions.”
All of APN’s products and services meet the payment card industry’s stringent security requirements. APN was built on a secure network which protects cardholder data and encrypts this data when being transmitted across the network. The Company maintains a vulnerability management program, implements strong access control measures, regularly monitors and tests networks and maintains an information security policy to ensure a secure environment for all cardholder data.
“We are delighted to provide APN as a payment processing solution for our auction company clients,” said Bruce Hoberman, CEO of Proxibid. “Proxibid consistently offers our clients the best products and services in the industry, and we believe that adding APN will greatly enhance productivity and decrease costs for our auction company clients, while providing the most secure transactions possible for our bidders. It’s truly a win-win for everyone.”
“APN was designed with the auctioneer in mind,” said Joe Petsick, Executive Vice President of Operations for Auction Payment Network. “Understanding how auction companies process transactions was paramount for our development team, and we’ve been able to pinpoint the areas we believe auction companies find most useful when reconciling and invoicing their events, such as ensuring a secure transfer of funds directly from the bidder’s account to that of the auction company.”
Auction Payment Network is currently boarding clients to take advantage of its suite of payment processing solutions. Product downloads will be available in mid-August.
About Auction Payment Network
Founded in 2010, Auction Payment Network (APN) is the first online payment processing solution designed specifically for auction companies. Created with auctioneers in mind, APN’s sophisticated and user-friendly solution is designed to make payment processing easier and more efficient than ever before.
Never again will an auctioneer have to spend countless hours following an event inputting credit card numbers because our PCI-compliant solution offers secure, one-click processing for on-site and online purchases. Additionally, APN is compatible with most merchant processors, making it easier than ever for auctioneers from across the globe to take advantage of this powerful payment processing solution.
Auction Payment Network is a wholly owned subsidiary of Proxibid, Inc., the world’s largest provider of live auction webcasting services. Visit Auction Payment Network online at www.auctionpaymentnetwork.com
Luxury Condominiums Auction in Downtown Los Angeles
Last Updated on Wednesday, 24 March 2010 02:20 Written by a2e Wednesday, 24 March 2010 02:20
Kennedy Wilson Auction Group, a division of international real estate investment and services firm Kennedy Wilson (NYSE: KW), will conduct a grand opening auction for 45 luxury loft condominiums at 655 Hope, located at the corner of 7th and Hope St. The auction will take place at the Sheraton Los Angeles Downtown at 1 p.m. on Sunday, April 18, 2010.
The 17-story former office tower was converted into residential units by the SECK Group, an international builder of luxury homes, who selected Kennedy Wilson to conduct the auction. The building’s sophisticated interior design includes hardwood floors, stainless appliances and floor-to-ceiling reflective glass windows that provide panoramic city views, and the building offers high-end amenities such as a roof deck entertainment area and wet bar, a sound-proof and climate-controlled community room, an on-site fitness center and a secured, indoor garage. The building is located two blocks from downtown’s first grocery store and sits atop the LA Metro. Additionally, the location is within a short distance from the Staples Center, MOCA, Walt Disney Concert Hall, L.A. Live, Nokia Theater and the Arts District.
Kennedy Wilson will be hosting informational buyer seminars at 1:30 p.m. and 2 p.m. on Saturday, April 10 at 655 Hope. The deadline to register for the auction is April 15. For more information, go to www.655hopeauction.com.
Kennedy Wilson Sells over $7.3M in Downtown Austin Auction
Last Updated on Wednesday, 3 March 2010 01:30 Written by a2e Wednesday, 3 March 2010 01:30
International real estate investment and services firm Kennedy Wilson (NYSE Amex: KWIC) announced today that it offered and sold 31 units of Sabine on Fifth, a condominium project located in downtown Austin, through an auction it conducted on Sunday, February 28th at the Hilton Austin Downtown.
Over 500 people attended the auction, which spurred a competitive bidding war for the one and two bedroom units of the 10-story former office building that was converted to residential in 2007.
Rhett Winchell, president of Kennedy Wilson Auction Group, stated, “It was a win-win for the seller and for buyers. Buyers found newly developed condos in the heart of Austin’s entertainment district at great prices, and the seller was pleased that all homes offered sold in just one day while exceeding price expectations. Developers and banks are increasingly using Kennedy Wilson’s auction platform to respond to the market and are achieving success.”
The auction was the culmination of a 30-day marketing campaign that included property previews, a buyer seminar and lender prequalification.
About Kennedy Wilson Auction Group
Since its inception, the Kennedy Wilson Auction Group has conducted many successful auctions of condominiums and single-family homes throughout the U.S., Europe and Asia. It manages ballroom style, site-to-site and online auctions for all types of real estate. Please visit www.bidkw.com for more information about upcoming auctions.
Kennedy Wilson Auction Group Expands
Last Updated on Wednesday, 10 February 2010 05:00 Written by a2e Wednesday, 10 February 2010 05:00
AuctionInfo.org
Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, (NYSE Amex: KWIC) announced today that Jack F. Kennedy has been named vice president, Business Development. Jack is joining the group’s rapidly growing business development team nationwide and will be working in Kennedy Wilson’s New York Office.
“We [...]
Go to Source
