Word: bidder
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Dates: during 1980-1989
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...price be put on the secrets of the universe? Sure, if the setting is Sotheby's Manhattan auction block. Last week a handwritten manuscript in which Albert Einstein laid out his "special" theory of relativity was sold to an unidentified bidder for $1.16 million -- a record for a manuscript at a U.S. auction...
When the gavel came down and the auctioneer said "Sold," the standing-room- only crowd at Sotheby's in New York City gasped, and then broke into applause. Vincent van Gogh's 1889 masterpiece Irises had just been bought by an unnamed foreign bidder for $53.9 million, the highest price paid for an artwork at auction...
...because one of its subsidiaries was caught making illegal sales of high-tech equipment to the Soviet Union, Japan's Toshiba last week suffered the first major blow to its bottom line. The Pentagon spurned Toshiba and awarded a $104 million contract for 90,000 laptop computers to rival bidder Zenith Electronics. The Glenview, Ill., company, which is already a large Government supplier, might have won the contract anyway, but Toshiba's new notoriety nullified whatever chance the Japanese company...
Some of the solutions under consideration are vaguely reminiscent of the 18th century, when the English crowded thousands of prisoners into the hulks of abandoned ships. New York State, for example, hopes to be the successful bidder this month on the 870-passenger F.A.B. Pursuivant, a British troop barge. State officials want to use the vessel as a prison for 700 minimum- security offenders. The potential savings are considerable: as much as 70% over a comparable building, which would cost $50 million to construct. New York City's floating detention centers, says Ruby Ryles, a city corrections department official...
Commenting on the University's acquisitions in the Square, local realtor Jean LeVaux, president of LeVaux Real Estate, says "the developers looking for property to develop are upset because [these parcels] are no longer open to the highest bidder. The general public feels shut out. And realtors lose out because these properties are automatically removed from the public domain...