Word: auctions
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Brandeis University President Jehuda Reinharz announced in an e-mail to students Monday that the university would sell the collection of its Rose Art Museum in a public auction to ease a budget strained by the ongoing financial crisis...
...this month to buy Agriprocessors and a smaller subsidiary plant in Nebraska. "A sale is likely," says Joseph Sarachek, a court-appointed trustee temporarily overseeing Agriprocessors' operations. "This is a real buyer." But he adds that the offer is the opening bid in what will probably be a March auction for the plant, which was once the nation's largest kosher meat producer and once Postville's major employer, with 968 workers. He predicts it will be a few months before the plant is sold and run by a new owner. Agriprocessors does hope to ramp up hiring and production...
Christie's to auction off 1985 Playboy pic of very, very naked MADONNA. In other words, nothing we haven't already seen...
...space on the overcrowded airwaves. Some of it will be used for an improved post--Sept. 11, post-Katrina emergency-broadcast system (yes, even better than those color bars and that weirdly aggravating tone). The rest of it went to the highest bidder: last year, in the biggest government auction of all time, rights to much of the 700-MHz spectrum--known to you and me as UHF channels 52 through 69--were sold off for an astounding $19 billion. Verizon and AT&T were the big winners. What they'll do with them is still anybody's guess...
...fire sale that some doomsayers had predicted. But Alitalia's announcement last week that it would auction off the company's collection of 163 modern-art paintings was another reminder, as if one were needed, of how far Italy's national carrier has fallen. On flights during the 1960s, stewards used to display the prized (though necessarily small) works by such painters as Futurist avatars Giacomo Balla and Gino Severini for the pure aesthetic pleasure of its passengers; these days, a reputation for poor service is part of what has driven the company to the brink of collapse...